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 acceptedGift 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.
SourceReturns & exchanges
Not yet verifiedWe haven't found an official source for this yet. Check the court monitor's website.
Deposits & pending orders
Not yet verifiedWe 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 verifiedAbout 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, 2025 | CCAA initial order. source |
| Aug 29, 2025 | Last day gift cards accepted. source |
| Aug 15, 2025 | Liquidation Sale Approval Order granted. source |
| Sep 18, 2025 | Sale transaction closed. source |
| Sep 23, 2025 | Merchandise liquidation at liquidating stores finalized; leases disclaimed effective Sept. 28, 2025. source |
| Oct 30, 2025 | Leases for 4 stores the buyer rejected were disclaimed. source |
| Feb 18, 2026 | Claims bar date (5:00 p.m. ET). source |
Sources
- Claire's Stores Canada Corp. — case page, KSV / AlixPartners (Monitor). Accessed Oct 17, 2026.
- Third Report of the Monitor, KSV (Monitor), published Nov 12, 2025. Accessed Oct 17, 2026.
- Claire's to seek creditor protection in Canada, contemplating liquidation, The Canadian Press. Accessed Oct 17, 2026.
- 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.