Rumours of the impending demise of the Canadian Toys “R” Us stores has been swirling since their U.S. parent filed bankruptcy in September 2017.
At that time it wasn’t widely understood that the Canadian stores were separate of this filing and, in fact, somewhat profitable along with the other 1,600 stores around the globe.
News of a recent sale of the 81 Canadian stores speaks to the long-term viability of the toy retail franchise.
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