Doug Putman

Douglas Robert Putman (born 25 March 1984) is a billionaire Canadian business executive. Putman is the owner of Canadas largest toy chain, Toys R Us, music retailer Sunrise Records, the owner of FYE the largest pop culture chain in the USA, Everest Toys and the owner of hmv UK. As well as many other companies.[1][2][3]

Doug Putman
Born
Douglas Robert Putman

(1984-03-25) March 25, 1984
Ancaster, Ontario, Canada
Known for
Board member of
  • Everest Toys
  • Sunrise Records
  • hmv UK

Early life

Douglas Putman was born on 25 March 1984 and raised in Ancaster, Ontario.[4] His family owned Everest Toys, which he managed as of 2017.[5]

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.[6] 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 will continue to trade under the HMV brand.[7]

In 2021, Putman, through his Putman Investments, announced he would buy Toys "R" Us Canada from Fairfax Financial.[8]

References
  1. "HMV chain saved but some stores will close". Bbc.co.uk. 5 February 2019. Retrieved 5 February 2019.
  2. "SPILL FEATURE: THE FUN OF GOING TO A RECORD STORE IS THE TREASURE HUNT - A DISCUSSION WITH SUNRISE RECORDS' DOUG PUTMAN". The Spill Magazine. 2018-03-12. Retrieved 2020-11-09.
  3. Kirby, Jason (2022-02-25). "Doug Putman has revived unloved brands like Toys'R'Us and HMV with a plan to make retail fun again". The Globe and Mail. Retrieved 2022-08-12.
  4. McNeil, Mark (3 March 2017). "Ancaster entrepreneur riding the wave of analog at 33 revolutions per minute". Thespec.com. Retrieved 5 February 2019.
  5. "Will Sunrise Records avoid costly downtown Toronto?". The South Bayview Bulldog. 2017-02-28. Retrieved 2022-05-15.
  6. "Sunrise Has Plan to Succeed Where HMV Failed: Owner Talks Vinyl Surge, Antsy Suppliers & (More) Expansion". Billboard.com. Retrieved 5 February 2019.
  7. "HMV chain saved but some stores will close". Bbc.co.uk. 5 February 2019. Retrieved 5 February 2019.
  8. "Putman Investments to Purchase Toys'R'Us and Babies'R'Us Canada". www.businesswire.com. 2021-08-19. Retrieved 2021-08-21.


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