Despite the news from Toys “R” Us in the U.S, Toys “R” Us will continue normal business operation in Canada. Toys “R” Us Canada announced today that it is unaffected by the recent announcement by Toys “R” Us, Inc. of the filing of a motion seeking Bankruptcy Court approval in its Chapter 11 proceedings to begin the process of conducting an orderly wind-down of its U.S. business. Toys “R” Us Canada remains committed to serving its customers in all of its 82 stores across Canada, which remain open for business in the normal course.
Toys “R” Us Canada’s business is managed in Canada, operates autonomously from U.S. operations, and continues to be a stable and profitable market leader in Canada. Toys “R” Us Canada has a strong cash and liquidity position and is able to continue business operations without disruption. Toys “R” Us Canada will continue to satisfy its obligations to vendors and customers and stock a broad selection of the most exciting, must-have toy and baby products. The Company continues to honour all customers programs, including gift cards and warranty, return and exchange policies.