Apr 24, 2018 - Economy

Judge approves sale of Toys "R" Us stores in Canada

A U.S. bankruptcy court judge on Tuesday approved the sale of 82 Toys "R" Us stores in Canada to Toronto-based Fairfax Financial, although the C$300 million deal still requires Canadian bankruptcy court approval.

Stateside: Isaac Larian, founder of the Bratz toys franchise, is continuing in his efforts to purchase around 200 high-performing Toys "R" Us stores in the U.S. His strategy would be to reimagine the stores as a "mini-Disneyland in each neighborhood."

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