A Toys “R” Us store is seen in Montreal on Sept. 19, 2017. The Canadian Press/Paul Chiasson
After closing 53 stores in the past two years and now facing a succession of lawsuits from unpaid suppliers and landlords, Toys “R” Us Canada has turned to an Ontario court for reprieve as it tries to chart a new future.
The toy retailer announced Tuesday that it has filed for creditor protection while it embarks on a restructuring that could see its footprint further diminished or the whole business sold to new owners.
