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Toys “R” Us Canada Faces $31.3M in Lawsuits Amid Crisis

1/23/2026

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Summary

Story summary

Toys “R” Us Canada faces at least seven lawsuits from landlords for $31.3 million in unpaid rent.
Store closures reduced the chain from 81 locations in 2021 to around 40.
Recent lease terminations occurred at stores in Guelph and Langley due to missed payments.
The company is now run by Putman Investments and paused online sales for "improvements."
Experts question the brand's future viability amid ongoing financial distress.

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Story summary

Toys “R” Us Canada faces at least seven lawsuits from landlords for $31.3 million in unpaid rent.
Store closures reduced the chain from 81 locations in 2021 to around 40.
Recent lease terminations occurred at stores in Guelph and Langley due to missed payments.
The company is now run by Putman Investments and paused online sales for "improvements."
Experts question the brand's future viability amid ongoing financial distress.