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Toys “R” Us says Canadian stores will stay open, even as U.K. operations shutter

Toys "R" Us says Canadian stores will stay open, even as U.K. operations shutter | iNFOnews.ca
Toys R Us says it's business as usual at its Canadian stores, even as it announced it would close the retailer's remaining U.K. locations. A branch of Toys R Us at St. Andrews retail park displays a closing down sale banner, in Birmingham, England, on Feb. 27, 2018. THE CANADIAN PRESS/AP-PA, Aaron Chown

TORONTO – Toys "R" Us Canada maintains it's still business as usual, even as its U.K. counterpart announced it would shutter all 75 locations in the country.

It's the same message the company repeated last week when it was reported that Toys "R" Us would liquidate its U.S. operations after filing for bankruptcy.

Toys "R" Us Canada's vice-president of marketing and store planning Clint Gaudry says its 82 Canadian stores will remain open for business and the company will continue to honour its existing customer policies and baby registry, gift card and loyalty point programs.

The Canadian arm filed for creditor protection in September, a day after the U.S. division filed for bankruptcy.

In January, Toys "R" Us announced it would also close 180 stores in the U.S. in the coming months.

Toys "R'' Us is the latest brick-and-mortar retailer to struggle amid growing competition from online merchants and changing consumer preferences, after Sears Canada filed for CCAA protection in June.

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Howard Alexander

Assistant Editor Howard Alexander comes to iNFOnews.ca from the broadcasting side of the media business.

Howard has been a reporter, news anchor, talk show host and news director, first in Saskatchewan and then the Okanagan.

He moved his family to Vernon in the 90s and is proud to call the Okanagan home.

If you have an event to share contact Howard at 250-309-5343or email halexander@infonews.ca.

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