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Marketing

Toys R Us Canada selling store leases to Ontario company

Photo: CNW Group/Toys R Us Canada

July 9, 2026

Toys R Us Canada is selling 10 store leases to Putman, an Ontario-based company owned by Doug Putnam.

The lease deal includes logistics contracts, inventory and bank accounts, according to a Canada Connect CRE report.

The retailer has also agreed to sell the Toys R Us Canada and Babies R Us Canada names, along with about 150 trademarks, website domains, social-media accounts and the Geoffrey the Giraffe mascot rights, to U.S.-based Ad Populum.





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