Toys ‘R’ Us owes this business more than $100,000. They fear they’ll never get paid.
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2 Articles
Toys 'R' Us Canada Owes $160M and May Never Repay: 53 Stores Closed, Paw Patrol's Creator Among the Unpaid
Toys 'R' Us Canada entered creditor protection, owing at least C$160M (£85M) to suppliers and landlords, with no claim on its assets. Fifty-three shops had already gone in the two years before the filing, and Spin Master, the Canadian maker of Paw Patrol, sits among the companies suing over unpaid bills. The retailer sought the court's shelter in Ontario on 3 February, blaming inflation, labour costs, supply disruption, and the shift to online s…
Toys ‘R’ Us owes this business more than $100,000. They fear they’ll never get paid.
A family-run toy company based in Vaughan, Ont. says they were never paid for hundreds of products shipped to Toys “R” Us Canada and are now out more than $166,000 after the company entered creditor protection.
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