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Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.
The stores closing include nine locations in Ontario, four in Alberta, two in New Brunswick and one each in B.C., Nova Scotia and Manitoba.
Breaking News, Sports, Manitoba, Canada
Unity Acquisitions to takeover the majority of Mastermind’s outlets after the retailer said it may have to wind down the entire business
Unity will purchase the majority of Mastermind Toys store locations and see a significant portion of employees continuing with the business.