Sunrise Records (retailer)  Sunrise Records and Entertainment Ltd., operating as Sunrise Records (Les Disquaires Sunrise in Quebec), 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. 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 shift towards online music stores and other factors (including the dominance of HMV), most of these smaller chains downsized or shut down. In 2014, Sunrise closed its flagship store in Toronto. In October 2014, the chain was acquired by Douglas Putman; under Putman, the chain opened new locations, expanding to 9 within Ontario. In January 2017, HMV Canada entered receivership, and announced that it intended to close all stores by the end of April. On February 26, 2017, Sunrise Records announced that it had negotiated to purchase the leases for 70 of HMV's locations from landlords to convert them to Sunrise stores (including major locations such as the Square One Shopping Centre, Promenades Saint-Bruno. Polo Park, West Edmonton Mall, and Metropolis at Metrotown) and that it would try to retain as many former HMV employees as possible. Putman felt that the bankruptcy of the chain was a major opportunity to expand the regional Sunrise chain into a national brand. He noted that record labels had become concerned by the closure of HMV because they would not have a prominent location to stock their physical product. The company's announcement quoted Universal Music Canada president Jeffrey Remedios, who felt that record stores were still important to fans and artists, and that they were "a community hub where passions are shared, art is explored, and lasting journeys begin." Putman added that "it is really sad to see HMV go. They were a great retailer and they really helped the physical business in Canada." Of the converted stores, Sunrise planned to stock a larger and broader array of music in comparison to HMV, including larger selections of vinyl records and music by local independent artists, as well as expanded offerings of music and entertainment apparel and merchandise.