US Edition
Published • loading... • Updated
Toys ‘R’ Us Canada to Stop Accepting Gift Cards After Monday
Toys "R" Us Canada owes over $36 million in gift card liabilities and may close more stores amid creditor protection restructuring.
- On Feb. 16, 2026, Toys "R" Us Canada warned customers that today is their last day to use gift cards, and it will stop accepting them after Monday.
- Under the retailer's creditor-protection filing, Toys "R" Us Canada was permitted by a judge to cease accepting gift cards after a 14-day period that wraps Monday.
- Visual reporting by The Canadian Press shows shoppers waiting in line at a Vaughan store and a closed Toronto location on Feb. 4, highlighting local disruptions, as of Feb. 16, 2026.
- Court documents show the business had more than $36 million in outstanding gift-card obligations, and a judge authorized liquidation of more of the retailer's remaining 22 stores if lease negotiations with landlords fail.
- The Canadian Press reported on Feb. 16, 2026 that access to gift-card balances effectively ends today for holders, and the cutoff threatens customers, creditors and employees amid creditor-protection proceedings.
Insights by Ground AI
14 Articles
14 Articles
If you have a Toys "R" Us Canada gift card, this Monday marks your last day to use it.
·Montreal, Canada
Read Full ArticleCoverage Details
Total News Sources14
Leaning Left6Leaning Right1Center5Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 42%
Factuality
To view factuality data please Upgrade to Premium
