Newspaper article The Canadian Press

Toys R Us Canada Carries on Business as Usual amid Reports of U.S. Liquidation

Newspaper article The Canadian Press

Toys R Us Canada Carries on Business as Usual amid Reports of U.S. Liquidation

Article excerpt

Toys R Us Canada carries on as usual

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TORONTO - It's business as usual at Toys R Us Canada, the company says, even as reports claim the toy retailer's American counterpart will soon liquidate its U.S. operations.

"We have no information or comment on the U.S. stories," said Clint Gaudry, vice-president of marketing, in an emailed statement late Thursday.

Media reports Thursday cited unnamed sources familiar with the matter that said Toys R Us Inc. has so far failed to find a buyer or reach an agreement with its creditors. The company, which filed for court protection for its American and Canadian divisions in September 2017, could close all 880 of its U.S. stores as a result, according to the reports.

A spokeswoman for the U. …

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