![]() The new brand will lease over 800,000 square feet with its first 21 locations across the country, also in former Bed Bath & Beyond and buybuy BABY locations. ![]() In addition to the retail brands, his portfolio includes restaurants, a marina and real estate holdings.Įarlier this month, Putman's company announced the launch of a new home store brand called rooms + spaces, which will also feature a 1,500 to 2,500 square foot Toys"R"Us in the stores. Putman is also the operator of brands like Sunrise Records, Alex Brands (including Alex Toys in the U.S.), T.Kettle, hmv in the U.K. Toys”R”Us Canada is a subsidiary of Ancaster, Ont.-based Putman Investments. "Our first two dedicated Babies"R"Us stores will open in Edmonton in former buybuy Baby locations, filling a big gap left in the market when buybuy Baby closed." Our new locations will have an elevated in-store experience with bigger retail shops from our vendor partners," Putman said in the announcement. "The acquisition of the majority of Canadian Bed Bath & Beyond locations gave us the opportunity to open Toys"R"Us stores in new neighbourhoods across the country. Babies"R"Us to open in former buybuy Baby stores This will bring the total number of Toys"R"Us and Babies"R"Us stores in Canada to 107. The latest Putman announcement indicates Toys"R"Us will add nine new 25,000 square foot stores, while Babies"R"Us will open two new 24,000 square foot locations this summer. buybuy Baby was a banner affiliated with Bed Bath and Beyond.īed Bath and Beyond is to vacate all its locations by the end of June. The expansion means retail banners operated by Canadian entrepreneur Doug Putman will have absorbed about 1.1 million square feet of well-positioned retail space left vacant by the Bed Bath and Beyond bankruptcy. will undertake a major Canadian expansion in the coming months, opening nine new stores, as well as two additional Babies"R"Us stores, in former Bed, Bath and Beyond and buybuy Baby locations. (Courtesy Patrick Morrell/Toys"R"Us Canada) Toys"R"Us will add 11 new stores under two banners during the coming months.
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