You might have been able to get some good deals at US locations, but in Canada, it’s business as usual
By Katrina Caruso
Last September, Toys ‘R’ Us filed for bankruptcy, and in March, the company announced that it would be closing all of American Babies ‘R’ Us and Toys ‘R’ Us stores. Liquidation sales began March 23.
The last US store closed on June 29, but earlier in the month, Fairfax Financial Holdings bought Toys ‘R’ Us Canada for $300 million, saving more than 4,000 Canadian jobs at 82 locations across the country. If you visit the the American website, you’ll find a simple list of frequently asked questions. On the Canadian site, however, it’s business as usual—no blowout sale with massive savings.
So, don’t get confused: you might have saved money with some cross-border shopping last month, but there are no more stores to visit south of the border, while at home, you can shop till you drop, but any sales you find are real sales, not the last gasps of a dying giant.