Toys R Us stores in Canada, Europe may remain open

Posted: Updated:
WOODBRIDGE -

It looks as if some Toys R Us stores may remain open – just not any in the United States.

Canada based-Fairfax Financial Holding bid $300 million to buy the 82 Toys R Us locations in Canada. Those stores will remain open, despite the company’s bankruptcy status in the United States.

RELATED: Toys R Us closure could mean loss of tax revenue for Wayne

There is also word that an Ireland-based company has offered to take over the more than 90 Toys R Us locations in Germany, Austria and Switzerland.

A bid by toy company CEO Isaac Larian to buy Toys R Us locations in the U.S. was rejected.

Wayne-based Toys R Us announced in March plans to liquidate all U.S. locations due to financial issues.

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