What is interesting here is that only the Canadian equity is specified, meaning that there is interest for Toysrus Canada, enough to have an auction, but no indication of the 200 US stores Toys that were part of previously discussed deals. The auction itself will take place on the 18th of April at the offices of Kirkland & Ellis LLP, located at: 601 Lexington Avenue, New York, NY 10022. And the 23rd, just a few days after, is when the successful bidder will be revealed.
There are a few more dates and conditions involved so if you want to own this lucrative toy store in a country with minimal competition for that sector, here are the dates you need to be aware of:
Bid Deadline: April 13, 2018, at 5:00 p.m., prevailing Eastern Time, is the deadline by which all bids must be actually received pursuant to the Bidding Procedures.
Notice of Qualified Bid Deadline: April 16, 2018, at 5:00 p.m., prevailing Eastern Time, is the date and time by which the Debtors shall notify the Bidders whether their Bids are Qualified Bids.
Auction: April 18, 2018, at 10:00 a.m., prevailing Eastern Time, is the date and time by which the Auction, if needed, will be held at the offices of Kirkland & Ellis LLP, located at: 601 Lexington Avenue, New York, NY 10022. The Debtors shall send written notice of the date, time, and place of the Auction to the Qualified Bidders no later than two business days before such Auction, and file a notice of the date, time, and place of the Auction with the Court no later than two business days before such Auction and post such notice on the Debtors’ Case Website: http://www.cases.primeclerk.com/toysrus. The Debtors may modify, in consultation with the Consultation Parties, the date, time, and place of the Auction by providing written notice to Qualified Bidders and filing a notice with the Court so long as such notice is no later than two days before the Auction.
Sale Objection Deadline: if applicable, April 16, 2018,3 at 5:00 p.m., prevailing Eastern Time, is the deadline to object to the Canadian Equity Sale.
Hearing to Designate Successful Bidder: if applicable, April 23, 2018, as the date by which the Debtors shall seek approval from this Court to designate the Successful Bidders in connection with the Canadian Equity Sale.
Probably wont be going into the closing stores. I feel like liquidation stores big and small are going to be amazing come the holiday season. I'm really looking forward to seeing what shows up at the local salvage stores come October or so. 
I was making terrible jokes at the expense of all my american compatriots today with my wife when I strolled into a fully stocked TRU in Canada that was alive and well. 
