It’s the end for the branch of the Toys“R”Us toy store, located at the Laurier Québec shopping center, which will permanently close its doors soon.
Posters posted at the entrance to the store confirm the announcement. For the moment, however, no exact date or reason for the closure has been confirmed.
This is the second closure in a short time of a toy store in Quebec. The Benjo boutique created a real shock wave recently by announcing its permanent closure after the holiday season.
The Sainte-Foy store is in major liquidation while almost all items are on sale. Several posters mentioning that “everything must go” have also been installed throughout the store.
Credit: Nicolas St-Pierre
Although they are disappointed by this closure, some customers met by The Journal were keen to emphasize that this is not a surprise, considering that online purchasing is increasingly favored. Plus, a second store is just a few minutes away.
According to what we have learned, the branch located at Galeries de la Capitale should however remain open.
Other closures to be expected?
At the moment, it is difficult to know if this heralds a wave of closures for Toys“R”Us Canada, but at least one other branch in Quebec will also go out of business.
As reported by the local media The Vint55 last Wednesday, the Toys“R”Us mega center in Drummondville, open since 2011, will also close its doors.
The announcement was first made internally to employees, before being confirmed to the public on November 15.
Contacted by The Journalin order to find out more about these two closures, Toys“R”Us Canada did not respond to our interview request.
Several changes
Recall that in August 2021, the company Putman Investments purchased Toys“R”Us Canada, also including the Babies“R”Us brand, which previously belonged to Fairfax Financial.
In 2018, Fairfax Financial paid $300 million to become the owner of the Canadian division of Toys“R”Us which was then under corporate protection. Companies’ Creditors Arrangement Act.
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