Toys “R” Us Canada is plotting a serious enlargement this summer time with new retailer ideas opening throughout the nation.
The retailer will open 9 new 25,000-square-foot Toys “R” Us shops and two new 24,000-square-foot Infants “R” Us areas. Each Infants “R” Us shops will embody a 1,500- to 2,500-square-foot Toys “R” Us shop-within-a-shop. In complete, this enlargement provides greater than 300,000 sq. toes of retail house and brings the corporate’s retailer fleet to 107.
Toys “R “Us Canada is a subsidiary of Putman Investments and owns the Toys “R” Us and Infants “R” Us logos in Canada,
“The acquisition of the vast majority of Canadian Mattress Bathtub & Past areas gave us the chance to open Toys “R” Us shops in new neighborhoods throughout the nation. Our new areas could have an elevated in-store expertise with greater retail outlets from our vendor companions,” says Doug Putman, CEO of Putman Investments. “Our first two devoted Infants “R” Us shops will open in Edmonton in former buybuy Child areas, filling an enormous hole left available in the market when buybuy Child closed.”
The retailer can also be plotting a class enlargement for some present shops with new, 6,000-square-foot books and gifting sections for adults at its shops in Burlington and Newmarket.
“We create our product assortment primarily based on what our prospects demand,” says Nick Muriella, Vice President of Merchandising & Provide Chain, Toys “R” Us Canada. “For instance, Toys “R” Us elevated its books assortment in 2022 and now with our 10,000-square-foot guide sections, we’re ‘Canada’s Massive-on-Books Toy Retailer.’ With rooms and areas now a part of Doug Putman’s portfolio of retail manufacturers, there might be much more alternative to accomplice with our distributors to carry new and surprising manufacturers and merchandise into our shops.”
Whereas Toys “R” Us and Infants “R” Us are owned by WHP Global within the U.S. and licensed for enterprise alternatives around the globe, their Canadian counterpart has been an independent entity since being spun off to associates of Fairfax Monetary Holdings following the collapse and closure of the unique Toys “R” Us within the U.S. again in 2018. Putman, the proprietor of Everest Toys, FYE, Alex Toys, HMV, and Dawn Data, purchased the iconic retail brands from Fairfax in 2021.
Within the U.S., the Toys “R” Us Canada workforce has been working to introduce a brand new retail idea beneath the Alex Toys title. A 22,000-square-foot Section Two idea retailer opened this month in Schaumburg, Illinois outdoors of Chicago. Backed by the assets of FYE and Everest Toys, the huge assortment is akin to what Toys “R” Us beforehand provided, together with devoted house for collectibles, books, bikes, and out of doors toys with further updates.
High Picture Credit score: Patrick Morrell / @patmorrell_drone | Supply: CNW Group/Toys “R” Us (Canada)