With the approval of US courts, Toys”R”Us is preparing to liquidate its inventory in the United States. Despite the likely closure of US stores, Canadian stores continue their normal operations.
“Toys” R “Us Canada is run from Canada and operates independently of US operations, while continuing to be a stable and profitable leader in the Canadian market,” as said in a statement. Canadian industry leader Melanie Teed Murch added that the entire Toys”R”Us and Babies”R”Us stores in Canada could be the subject of a future transaction. A possible acquisition would keep the 82 stores in operation in Canada.
The Toys “R” Us brand has marked the childhood of millions of people around the world in the last decades. An acquisition of Canadian stores would keep the brand alive. Toys “R” Us enjoys a stable cash balance and reserves position in Canada which could be very attractive to potential buyers.
Hollie, S. (2018, mars 19). ‘Multiple’ suitors line up with offers for Toys ‘R’ Us Canada. Consulté 20 mars 2018, à l’adresse http://business.financialpost.com/news/retail-marketing/multiple-suitors-line-up-with-offers-for-toys-r-us-canada
Justin, S. (2018, mars 15). Toys ‘R’ Us in talks to sell Canadian business as it closes U.S. stores. Consulté 20 mars 2018, à l’adresse https://www.theglobeandmail.com/report-on-business/international-business/us-business/toys-r-us-in-talks-to-sell-canadian-business-as-it-shutters-us-operations/article38292661/
Les magasins Toys « R » Us canadiens vendus ? (2018, mars 15). Consulté 20 mars 2018, à l’adresse http://www.tvanouvelles.ca/2018/03/15/les-magasins-toys-r-us-canadiens-vendus
Tom, H. (2018, mars 19). Toys ‘R’ Us stores may be closing, but the brand name will live on. Consulté 20 mars 2018, à l’adresse https://www.theglobeandmail.com/report-on-business/international-business/us-business/toys-r-us-stores-may-be-closing-but-the-brand-name-will-live-on/article38299169/
Toys « R » Us ferme boutique aux États-Unis. (2018, mars 15). Consulté 20 mars 2018, à l’adresse http://www.tvanouvelles.ca/2018/03/15/toys-r-us-ferme-boutique-aux-etats-unis