By Greg Fry

Business as usual for Kamloops Toys “R” Us

Mar 15, 2018 | 10:10 AM

KAMLOOPS — Toys “R” Us stores in Canada, including the one in Kamloops, will be unaffected by the closure of all the chain’s U.S. locations.

The company confirmed the news Thursday morning.

“Toys ‘R’ Us Canada remains committed to serving its customers in all of its 82 stores across Canada, which remain open for business in the normal course,” the company said in a statement.

Toys “R” Us Canada’s business is managed in Canada and operates autonomously from U.S. operations and “continues to be a stable and profitable market in Canada,” it added.

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“Toys ‘R’ Us Canada has a strong cash and liquidity position and is able to continue business operations without disruption.”

The confirmation follows word Wednesday that all U.S. stores will be liquidated. The U.S. chain filed for Chapter 11 bankruptcy last fall because it was losing money.