Toys "R" Us Canada
Toys "R" Us Canada | |
Type | Subsidiary |
Industry | Retail |
Founded | 1984 |
Headquarters | Concord (Vaughan), Ontario, Canada |
Number of locations | 81 |
Area served |
|
Products |
|
Parent | Toys "R" Us, Inc (1984-2018) Fairfax Financial (2018-2021) Doug Putman (2021-present) |
Divisions |
|
Website | www |
Toys "R" Us Canada Ltd., also known in Canada as Toys "R" Us, is a Canadian chain of toy stores owned by billionaire businessman Doug Putman (who also owns FYE). The Canadian expansion of the American Toys "R" Us began in 1984.[1] The parent company filed for Chapter 11 bankruptcy protection in September 2017, closing all U.S. locations the following March.[2]
The Canadian subsidiary and related trademarks were sold off to Fairfax Financial in June 2018.[3] Currently, Toys "R" Us Canada comprises 81 stores,[1] which continue to operate under the Toys "R" Us name. The company is headquartered in Concord (Vaughan), Ontario.[4]
In 2021, FYE and Sunrise Records (also known as HMV) owner Doug Putman, through his Putman Investments, announced he would buy Toys "R" Us Canada from Fairfax Financial.[5]
Toys "R" Us Canada is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada.[6]
References[]
- ^ a b "Company Info". www.toysrus.ca. Retrieved 2021-06-16.
- ^ Bhattarai, Abha (March 14, 2018). "Toys R Us to close all 800 of its U.S. stores". The Washington Post. Retrieved March 14, 2018.
- ^ "Toys 'R' Us will live on in Canada". Chain Store Age. Retrieved 2020-02-11.
- ^ "Toys R Us Canada Ltd". Bloomberg L.P. Retrieved 2021-06-16.
{{cite web}}
: CS1 maint: url-status (link) - ^ "Putman Investments to Purchase Toys'R'Us and Babies'R'Us Canada". www.businesswire.com. 2021-08-19. Retrieved 2021-08-21.
- ^ Harris, Sophia (28 November 2021). "Attention shoppers: Overcharged for an item at checkout? You might be able to get it for free". CBC News. Retrieved 28 November 2021.
- 1984 establishments in Ontario
- Retail companies established in 1984
- Toy companies established in 1984
- Canadian companies established in 1984
- 2018 mergers and acquisitions
- Toys "R" Us
- Toy retailers of Canada
- Companies based in Vaughan
- Fairfax Financial
- Canadian subsidiaries of foreign companies
- Canadian company stubs