Owner of Toys “R” Us to launch new retailer

Earlier this week, Canadian Tire announced that it will take over the leases of 10 Bed, Bath & Beyond locations, turning six of them into Mark’s locations. Meanwhile, 21 more locations of the bankrupt bed and bath retailer are also being acquired, this time by Doug Putman, owner of Toys “R” Us, Sunrise Records, and other chains. Putman intends to launch a new brand: rooms + spaces. It will be led by Greg Dyer, former GM for Bed, Bath & Beyond.