One of Canada’s biggest toy stores has filed for creditor protection.
Mastermind GP and Mastermind LP, owner of Mastermind Toys which operates 66 stores in Canada including 6 in B.C. announced Nov. 24 that it sought and obtained an initial order for creditor protection under the Companies’ Creditors Arrangement Act from the Ontario Superior Court of Justice in Toronto.
“All 66 Mastermind Toys stores across Canada remain open for business and all the current sales and holiday promotions – including our Black Fri-Play event – will continue, in stores and online,” the company said in a statement.