Doug Putman
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Doug Putman
Douglas Robert Putman (born 25 March 1984) is a millionaire Canadian business executive. Putman is the owner and chief executive officer of the music retailer Sunrise Records, the President of Everest Toys and the owner of hmv UK and Toys "R" Us Canada. Early life Douglas Putman was born on 25 March 1984 and raised in Ancaster, Ontario. His family owned Everest Toys, which he managed as of 2017. 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 will continue to trade under the HMV brand. In 2021, Putman, through his Putman Investments, announced he would buy Toys "R" Us Canada from Fairfax Financial Fairfax Financial Holdings Limited is ...
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Ancaster, Ontario
Ancaster is a historic town in the city of Hamilton, Ontario, Canada, located on the Niagara Escarpment. Founded as a town in 1793, it immediately developed itself into one of the first important and influential early Kingdom of Great Britain, British Upper Canada communities established during the late 18th century eventually amalgamating with the city of Hamilton in 2001. By 1823, due in large part to its easily accessible water power and location at the juncture of prehistoric indigenous trading routes, Ancaster had become Upper Canada's largest industrial and commercial centre. Additionally, Ancaster had at that time attracted the 2nd largest populace (1,681) in Upper Canada trailing only Kingston (population 2,500), but surpassing the populations of nearby Toronto (1,376) and Hamilton (1,000).ANCASTER The Past, Present and Future, A Brief prepared by The Ancaster Township Historical Society 1972 After this initial period of prosperity beginning in the late 18th century, sudden ...
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Sunrise Records (retailer)
Sunrise Records and Entertainment Ltd., operating as Sunrise Records (trading in different countries as Les Disquaires Sunrise in Quebec and HMV in the UK), is a Canadian record store chain based in Ancaster, Ontario. Currently owned by Douglas Putman (whose family also runs Everest Toys), it currently operates in nine Canadian provinces. Originally operating with only 9 locations in Ontario, the chain announced a major expansion in February 2017, under which it purchased leases for 70 locations formerly occupied by HMV Canada. The chain runs approximately 85 locations across Canada. In 2019, Sunrise bought the British HMV chain out of administration. History The company was founded in Toronto in 1977, with a location on Yonge Street. It was bought in 1978 by Malcolm and Roy Perlman. For a period, Sunrise was considered one of the five major record store chains in Canada, alongside HMV Canada, Music World, Sam the Record Man, and A&A Records. However, by the 2000s, with the shi ...
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Toys "R" Us Canada
Toys "R" Us Canada Ltd. is a Canadian chain of toy stores. It is the Canadian franchise of U.S. toy retail chain Toys "R" Us, and is based in Concord, It was owned by its American parent company from 1984 to 2018. In September 2017, Toys "R" Us filed for Chapter 11 bankruptcy protection, and closed all U.S. locations in March 2018. Toys "R" Us pursued a sale of the Canadian division, including the possibility of bundling them with top-performing U.S. stores. The Canadian unit had annual sales of $1.08 billion at the time of the filing, and had to file for protection from its creditors due to the default of its U.S.-based businesses. In April 2018, it was announced that Fairfax Financial would acquire the 82 Toys "R" Us locations in Canada for $300 million, with the stores continuing to use the Toys "R" Us name. In 2021, Sunrise Records owner Doug Putman Douglas Robert Putman (born 25 March 1984) is a millionaire Canadian business executive. Putman is the owner and chief exec ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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HMV Canada
HMV Canada Ltd. was a Canadian entertainment retailer, owned by Hilco. The company was originally a subsidiary of HMV in the United Kingdom until it was sold to Hilco Capital in 2011. HMV itself would later be bought by Hilco in 2013. HMV Canada's head office was located in Etobicoke. The retailer ceased operations in Spring 2017. History HMV Canada was established in 1986 by the purchase of the Mister Sound chain by EMI Music Canada. Stores in the country did not have rights to the "His Master's Voice" trademark, as it was owned by Technicolor SA and licensed out. HMV Canada's application for use of the trademark was abandoned in 2010. Though the initials "HMV" came from the His Master's Voice trademark, HMV was not prevented from using its initials in Canada. In some radio and television commercials in the 1990s, HMV Canada used "HMV" as an acronym for "hot music values". The flagship store, which opened in 1991 at 333 Yonge Street in Toronto, "turned music shopping into a ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Fairfax Financial
Fairfax Financial Holdings Limited is a Canadian financial holding company based in Toronto, Ontario, which is engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management. The company operates primarily through several subsidiaries, including Allied World, Odyssey Re, Northbridge Financial, Crum & Forster, Verassure Insurance, Onlia Agency Inc., and Zenith Insurance Company. The company was also the largest shareholder of Torstar with 40% of the Class B shares, as of May 2020. Fairfax is led by chairman and CEO Prem Watsa, who controls nearly half of the firm. History Market Fairfax was incorporated as Markel Service of Canada on March 13, 1951, and continued under the Canada Business Corporations Act in 1976. The name was subsequently changed to Markel Financial Holdings Ltd. In 1984, Prem Watsa left GW Asset Management to found his own asset management firm, Hamblin Watsa Investment Counsel Ltd. together with his for ...
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1984 Births
Events January * January 1 – The Bornean Sultanate of Brunei gains full independence from the United Kingdom, having become a British protectorate in 1888. * January 7 – Brunei becomes the sixth member of the Association of Southeast Asian Nations (ASEAN). * January 10 ** The United States and the Vatican (Holy See) restore full diplomatic relations. ** The Victoria Agreement is signed, institutionalising the Indian Ocean Commission. *January 24 – Steve Jobs launches the Macintosh personal computer in the United States. February * February 3 ** Dr. John Buster and the research team at Harbor–UCLA Medical Center announce history's first embryo transfer from one woman to another, resulting in a live birth. ** STS-41-B: Space Shuttle ''Challenger'' is launched on the 10th Space Shuttle mission. * February 7 – Astronauts Bruce McCandless II and Robert L. Stewart make the first untethered space walk. * February 8– 19 – The 1984 Winter Olympics are held i ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Businesspeople From Ontario
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ...
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Canadian Chief Executives
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and ec ...
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