ANCASTER, ON, Feb. 3, 2026 /CNW/ - Toys "R" Us (Canada) Ltd. / Toys "R" Us (Canada) Ltee (collectively, the "Company" or "TRU Canada") announced today that it has commenced proceedings under the Companies' Creditors Arrangement Act (the "CCAA") pursuant to an initial order (the "Initial Order") granted by the Ontario Superior Court of Justice (Commercial List) (the "Court").
After careful consideration of all reasonably available alternatives, TRU Canada has sought creditor protection under the CCAA to obtain a stay of proceedings as it evaluates its strategic alternatives and implements certain restructuring initiatives. These initiatives will include reducing its retail footprint to better position the Company in today's retail environment. All of TRU Canada's currently active stores will remain open during this process.
Among other things, the Initial Order provides for a stay of proceedings in favour of the Company for an initial period of 10 days, subject to extension thereafter as the Court deems appropriate.
As part of its restructuring process, the Company has appointed Neil Taylor as Chief Restructuring Officer. Neil will assist the Company as it navigates the CCAA process while maintaining operations and continuing to serve customers, partners, and employees.
Alvarez & Marsal Canada Inc. has been appointed as the CCAA Monitor. Additional information related to the Company's CCAA proceedings will be available on the Monitor's website at https://www.alvarezandmarsal.com/TRUCanada.
About the Company
Toys"R"UsⓇ Canada has been Canada's dedicated specialty retailer of toys and baby products since 1984, spreading happiness throughout its stores across Canada and e-commerce sites: Toysrus.ca and Babiesrus.ca. The Company nurtures the needs of Canadian families at every stage, from baby essentials to learning and play products for children and adolescents, with a wide range of national brands, exclusive products, innovative programs and unique partnerships. Committed to creating an experience-driven destination for the whole family, Toys"R"UsⓇ Canada offers a fun and memorable in-store experience for children and their parents. The company also focuses on giving back to its communities through charity efforts that support children and their families in need. Toys"R"Us Canada is a subsidiary of Putman Investments. Toys"R"Us and Babies"R"Us are registered trademarks owned by Toys"R"Us (Canada) Ltd. All rights reserved.
They can come back and show you how Poo-Poo they are, here in Canada TRU's are like the last ditch stop in toy buying, the prices are horrific and the stocking is dismal, sure if you want a baby car seat or a speak-n-spell, but if you want a Classified or a Legend you can know you'll be disappointed and if you are not for whatever reason you'll be disappointed the figure costs double the price then any other retailer.
Hopfully it's better over there, because here TRU is a joke at best.
Toys R Us has modest departments in a few Dallas area Macy's stores. Very limited merchandise. Dallas/Ft. Worth is the fourth largest market in the US with 8.3 million people. You'd think Toys R Us would recognize the potential.
It is truly a great day to see Toy's R US back. Some of my best childhood memories was going there and being mesmerized by all of the toys there.
Seems like they're out of the adult collector market, thankfully. Not that I don't want them to succeed, but I don't want another retailer holding our toys hostage.
Yep coming back slightly larger than KB Toys in a mall setting.https://www.nbcchicago.com/news/local/toysrus-opening-new-13000-square-foot-store-in-suburban-mall/3825277/
WHP Global ("WHP" or the "Company"), parent company of Toys"R"Us, announced today the location of its second U.S. flagship store at Mall of America, the largest shopping and entertainment destination in North America. Set to open just before Thanksgiving, this marks the first flagship store in partnership with Go! Retail Group with additional flagship locations opening next year."After the success we've experienced with our first flagship at American Dream and shops inside Macy's, bringing Toys"R"Us to Mall of America was a must. There is the perfect mix of entertainment and retail that makes it a highly trafficked go-to-destination for families year-round," said Jamie Uitdenhowen, Executive Vice President of Toys"R"Us at WHP Global. "I'm thrilled to open our first flagship with our new partners at Go! Retail Group as we continue to expand the Toys"R"Us brand through new concepts and to new locations around the world."
The new Toys"R"Us flagship store at Mall of America spans over 11,000 square feet and offers a wide assortment of the hottest toys and games for Toys"R"Us kids of all ages. Families can shop for their favorite toys, take a photo with Geoffrey the Giraffe, and rediscover their love of play. Beginning in 2024, the Toys"R"Us flagship will introduce exciting new branded elements like Geoffrey's Caf and ice cream parlor as well as interactive experiences and product demonstrations from popular toy vendors."Toys"R"Us has played a role in creating special memories for so many of us," said Heather Brechbill-Swilley, Senior Vice President of Leasing at Mall of America. "We are excited to bring this playful and iconic brand to life at Mall of America for the next generation to enjoy. Whether you're a kid or a kid at heart, this nostalgic brand will be the perfect addition for families and guests of all ages this holiday season.""It is incredibly exciting to be a part of the return of Toys"R"Us and we are fortunate to have the backing of WHP Global and Mall of America as we bring this flagship store to life for families just in time for the holidays, " shares Gideon Schlessinger, CEO of Go! Retail Group.For more than 70 years Toys"R"Us has been a global leader in the toy category celebrating the joys of childhood and play with kids of all ages. Geoffrey the Giraffe, the beloved mascot of Toys"R"Us, is adored by millions of kids and their families around the world. The brand generates more than USD$2 billion in global retail sales annually through 1,400 stores and e-commerce businesses in 31 countries.Toys"R"Us at Mall of America will be located on Level 1, East. For details on opening celebrations and store hours, visit: https://mallofamerica.com/directory/toys-r-us and follow @toysrusmoa on Instagram. To stay up to date on Toys"R"Us openings and activations, visit toysrus.com and follow @toysrus on Instagram, Facebook and TikTok.
6 hours ago, Outsiders said:Who is going to buy a toy for their kid at the airport? You know it's going to cost at least 3-5 times as much...
Desperate parent's to keep their kids entertained while traveling.
It's a terrible idea to give in to whiny kids but it happens.
Who is going to buy a toy for their kid at the airport? You know it's going to cost at least 3-5 times as much...
Surprised there are none for Ohio since Macy's HQ is based in Cincinnati.
2 hours ago, rono said:Hard to believe that Toys R Us is only in Houston & El Paso Macy's stores in Texas. Dallas/Ft. Worth, Austin, & San Antonio are such large markets, it seems they are missing their mark in opportunities. Very odd.
Oh I agree there are some locations missing in Illinois too
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