02:27:51 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Fairfax Financial Holdings Ltd
Symbol FFH
Shares Issued 24,241,726
Close 2024-02-01 C$ 1,397.59
Market Cap C$ 33,879,993,840
Recent Sedar Documents

Globe/CP say Fairfax sees HMV return to Canada

2024-02-02 09:33 ET - In the News

The Globe and Mail reports in its Friday, Feb. 2, edition that HMV, the entertainment brand that departed the country seven years ago, said this week that it has begun selling merchandise in five of Toys "R" Us Canada Ontario locations. A Canadian Press dispatch to The Globe reports that HMV says the rollout will continue across other Toys "R" Us Canada locations this spring. Products for sale in the HMV-branded sections include CDs, DVDs, vinyl, record players and other collector items such as T-shirts and books. The move, which marks HMV's return to the Canadian market, is being positioned by Toys "R" Us Canada as a way to appease consumer demand for pop culture, collector and nostalgic merchandise. The HMV products being stocked have long featured heavily in the playbook used by Putman Investments, which owns HMV, Toys "R" Us Canada, Sunrise Records, Everest Toys, FYE, T. Kettle and Rooms + Spaces. Putman Investments purchased Toys "R" Us and Babies "R" Us Canada in August, 2021, from Fairfax Financial Holdings, which had nabbed the retailer for $300-million in 2018 when its U.S. parent filed for bankruptcy protection.

© 2024 Canjex Publishing Ltd. All rights reserved.