RioCan sues Toys "R" Us Canada for $4 million in unpaid rent at Toronto location

castanet.net

Toys "R" Us Canada faces a new lawsuit from landlord RioCan Holdings Inc. claiming unpaid rent and lease termination. RioCan alleges Toys "R" Us failed to pay January rent for a Toronto location and terminated the lease on January 20. The landlord seeks approximately $4 million in owed payments. This is one of several lawsuits against Toys "R" Us Canada by landlords seeking millions in unpaid rent as the retailer closes numerous stores.


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