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Guelph resident steps down as president of Toys "R" Us Canada

Melanie Teed-Murch got her start as a store manager in Kitchener
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Melanie Teed-Murch poses last Christmas in this GuelphToday file photo. Tony Saxon/GuelphToday file photo

Toys "R" Us Canada's president has resigned from the top post after more than two decades with the company.

A spokeswoman says longtime Guelph resident Melanie Teed-Murch tendered her resignation to accept a new opportunity, which has not been disclosed.

The company did not say when the resignation takes effect and says that it has yet to appoint an interim president.

Teed-Murch started her career with the toy seller in 1996 as a store manager in Kitchener, before working her way up to the top post in September 2016.

She oversaw the company during a tumultuous time as its American and U.K. counterparts liquidated stores, and the Canadian business sought creditor protection.

Fairfax Financial Holdings Ltd. eventually purchased the Canadian operation for $300 million and Teed-Murch embarked on a media offensive to reassure customers that the retailer remained open for business.

The retailer has 82 stores across Canada and e-commerce sites Toysrus.ca and Babiesrus.ca.


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