Toys "R" Us Canada

Toys "R" Us Ltd. is a Canadian chain of toy stores. It was founded by the Canadian franchise of U.S. toy retail chain Toys "R" Us; as of 2018, however, it operates independently and is based in Concord, Ontario, serving locations throughout Canada.
It was owned by its American parent company from 1984 to 2018.

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History

In September 2017, Toys "R" Us filed for Chapter 11 bankruptcy protection, and closed all U.S. locations in June 2018. Toys "R" Us pursued a sale of the Canadian division, including the possibility of bundling them with top-performing U.S. stores. The Canadian unit had annual sales of $1.08 billion at the time of the filing, and had to file for protection from its creditors due to the default of its U.S.-based businesses.
In April 2018, it was announced that Fairfax Financial would acquire the 82 Toys "R" Us locations in Canada for $300 million, with the stores continuing to use the Toys "R" Us name. A couple of months later, the first Canadian store to close was in Richmond Hill, Ontario. In 2021, Sunrise Records owner Doug Putman, through his Putman Investments, announced he would buy Toys "R" Us Canada from Fairfax Financial.
In January 2024, the chain announced that it would revive the HMV brand in Canada as a store-within-a-store concept at Toys "R" Us Canada locations, stocking music, home video, and memorabilia such as books and clothing. The departments began to launch at selected locations in the Greater Toronto Area, and were expected to be deployed at other locations throughout the year.
In 2025, landlords have filed lawsuits for over 31.8 million Canadian dollars in damages and unpaid rent. Toys R Us Canada has shut down over 19 stores across Canada, leaving only 22 Canadian stores to remain open exclusively throughout eastern Canada. All of the Toys R Us locations in British Columbia and Saskatchewan have shut down.