Toys "R" Us continues to shut Canadian stores |
| Toys "R" Us is continuing its retreat from Alberta and the wider Canadian market, with "going out of business" signs appearing this week at its Lethbridge store, one of the province's last remaining locations. The property, near Park Place Mall, was listed for sale last year at $15m, though the retailer has yet to confirm a final trading date or the number of jobs at risk. The closure follows the shuttering of the final Calgary-area store in mid-January, leaving only two outlets still operating in Edmonton. Elsewhere in Canada, further closures have been confirmed, with mall owner Primaris stating that all Toys "R" Us locations in its portfolio are now closed, underscoring the retailer’s accelerating withdrawal from bricks-and-mortar retail. |
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