Richmond’s Toys R Us store has been saved, along with 81 other locations across Canada, after the company split from its U.S. umbrella.
This week, Toys R Us Canada announced a successful takeover by Canadian firm Fairfax Financial Holdings ltd., securing 82 stores, including the one in Lansdowne Centre, and more than 4,000 employees.
Last week, the American wing of the toy company closed the last of its stores, leaving behind a heartfelt farewell message on its website: “Thanks to each of you who shared your amazing journey to (and through) parenthood with us…Promise us just this one thing: don’t ever grow up. Play on!”
Toys R Us Canada, on the other hand, announced that it’s “alive and well” after eight months of bankruptcy protection.
Melanie Teed-Murch, president of Toys R Us and Babies R Us Canada, will be going on a two-month nationwide tour to promote the company’s plans under its new owner.
“It is our number one priority to get our message out that there is a business here,” Teed-Murch told the Financial Post.
