Toys "R" Us (Canada) Ltd. is a Canadian chain of toy stores. It was founded by the Canadian franchise of U.S. toy retail chain Toys "R" Us in 1984. Since 2018, it has operated independently and is based in Concord, Ontario, serving locations throughout Canada.
By March 2026, the chain was reduced to a network of 18 stores from a peak of 81, applied for protection under the Companies' Creditors Arrangement Act (CCAA). The chain is in serious trouble with creditors (such as landlords and suppliers), with both online sales and use of existing gift cards for purchases suspended.
In April 2026, the chain was given permission to locate investors to help save the business, or buyers for its assets by June.[2]
History
In September 2017, Toys "R" Us filed for Chapter 11 bankruptcy protection, and closed all U.S. locations in June 2018.[3] 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