Feb. 16, 2026 "Toys “R” Us Canada to stop accepting gift cards after Monday": Today I found this article by Tara Deschamps on BNN Bloomberg:
If you have a Toys “R” Us Canada gift card, today is your last day to use it.
The toy store chain has said it will cease accepting gift cards after Monday.
The move is part of the creditor protection proceedings the beleaguered retailer began earlier in the month as it struggled to pay bills.
When it made the filing, court documents show the company had more than $36 million outstanding in gift card obligations.
A judge then allowed the company to cease accepting the cards after a 14-day period, which wraps Monday.
That judge has also given the retailer permission to liquidate more of its remaining 22 stores,
if lease negotiations with landlords fail.
Before filing for creditor protection, Toys “R” Us Canada had paused e-commerce sales to aid in a revamp of its website.
The retailer has not brought online sales back, meaning anyone with a gift card will have to make their purchases at stores.
This report by The Canadian Press was first published Feb. 16, 2026.
Tara Deschamps, The Canadian Press
Feb. 19, 2026 "Ontario court recognizes U.S. bankruptcy proceedings for Eddie Bauer’s Canadian shops": Today I found this article on BNN Bloomberg:
An Ontario court has agreed to recognize a U.S. bankruptcy filing from the operator of Eddie Bauer’s Canadian stores.
The Ontario Superior Court’s recognition of the case paves the way for any outcomes in the U.S. proceedings to more easily be applied in Canada.
When apparel firm Eddie Bauer LLC filed for bankruptcy protection earlier this month, it said it would look to sell its stores while it liquidates its Canadian and American shops.
The Ontario court filings show 24 of the company’s 175 North American stores are in Canada.
The company had about 379 employees in the country, when it filed for bankruptcy protection.
The proceedings do not affect Eddie Bauer’s e-commerce and wholesale operations, which are run by a separate company called Outdoor 5, which did not file for creditor protection.
They also do not affect Eddie Bauer’s stores outside Canada and the U.S. because those locations are operated by other licensees not part of the bankruptcy filing.
This report by The Canadian Press was first published Feb. 19, 2025.
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