Douglas Putman

Douglas Robert Putmanis a billionaire Canadian business executive. Putman is the owner of Canada's largest toy chain, Toys "Я" Us Canada, Babies "Я" Us Canada, music retailer Sunrise Records, T. Kettle, Rooms + Spaces, music retailer FYE, Everest Toys, and HMV UK, as well as many other companies.

Career

In 2017, it was announced that Putman had acquired the lease agreements for HMV Canada after it fell into receivership, at which time he expanded Sunrise Records Canada-wide. The former subsidiary of HMV UK is now operating as Sunrise Records. On 5 February 2019, HMV UK was acquired by Sunrise Records, owned by Putman, for £883,000, saving 100 stores and 1,600 jobs. The company continues to trade under the HMV brand.

In 2021, Putman, through his Putman Investments, announced he would buy Toys "R" Us Canada from Fairfax Financial.

In 2023, Putman acquired 21 Canadian retail locations from Bed Bath & Beyond[9] and turned them into Rooms + Spaces.