STORE SPACES

Report: Toys ‘R’ Us Canada purchase could save some U.S. stores

BY CSA Staff

Some Toys “R” Us stores could be getting a lifeline.

Toronto-based investment firm Fairfax Financial Holdings Ltd., which submitted the sole bid of approximately $234 million dollars ($C300) for the Canadian subsidiary of Toys “R” Us, said its plans are not limited to Canada, according to The Financial Post.

Specifically, the firm is exploring how to keep a foothold in the U.S. and elsewhere, the report added.

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