Closures › Claire's (Canada)

Claire's (Canada)

Some stores liquidated; most sold to a buyer · Facts as of Oct 17, 2026

Claire's Canadian arm filed under the CCAA alongside its U.S. parent's bankruptcy. It liquidated a set of stores and sold the rest; the buyer assumed 73 of 77 eligible leases.

Gift cards, returns & deposits

Gift cards

No longer accepted

Gift cards accepted up to and including Aug. 29, 2025 (first set at Aug. 15). The buyer took on gift cards issued in the year before closing, about $540,000. Claims bar date: 5:00 p.m. ET, Feb. 18, 2026.

Source

Returns & exchanges

Not yet verified

We haven't found an official source for this yet. Check the court monitor's website.

Deposits & pending orders

Not yet verified

We haven't found an official source for this yet. Check the court monitor's website.

Key facts

Banners
Claire's
Company
Claire's Stores Canada Corp. (now 6045073 Canada Inc.)
Category
Accessories
Proceeding
CCAA
Filed / initial order
Aug 6, 2025
Stores affected
Not yet verified
About 120 Canadian stores at filing. Termination notices sent for 26; locked out of 16 (Canadian Press).
Sale dates
? – Sep 23, 2025
Provinces
Not yet verified
Cities / locations
Not yet verified

Court case & monitor

Court
Ontario Superior Court of Justice (Commercial List)
Court file no.
CV-25-00748871-00CL
Court officer
KSV Restructuring Inc. (now AlixPartners)
Official case website
https://www.ksvadvisory.com/experience/case/claires

The monitor's website has the official court orders, notices and claim forms. If you're owed money (for example a gift card balance or deposit), start there.

Timeline

Aug 6, 2025CCAA initial order. source
Aug 29, 2025Last day gift cards accepted. source
Aug 15, 2025Liquidation Sale Approval Order granted. source
Sep 18, 2025Sale transaction closed. source
Sep 23, 2025Merchandise liquidation at liquidating stores finalized; leases disclaimed effective Sept. 28, 2025. source
Oct 30, 2025Leases for 4 stores the buyer rejected were disclaimed. source
Feb 18, 2026Claims bar date (5:00 p.m. ET). source

Sources

  1. Claire's Stores Canada Corp. — case page, KSV / AlixPartners (Monitor). Accessed Oct 17, 2026.
  2. Third Report of the Monitor, KSV (Monitor), published Nov 12, 2025. Accessed Oct 17, 2026.
  3. Claire's to seek creditor protection in Canada, contemplating liquidation, The Canadian Press. Accessed Oct 17, 2026.
  4. What happens to gift cards when a company goes out of business in Canada, Proceedings., published Oct 10, 2026. Accessed Oct 17, 2026.

Spot an error or have an update? Corrections are checked against the source documents. This page is not legal advice.

Get the weekly "What's closing near you" email