Instead of shoving your lousy and disappointing Christmas gifts under your bed or hiding them at the back of your closet, you can exchange them for sweet, sweet candy this year in Toronto.

That's because Skittles (yes, the rainbow-coloured confection) is opening a pawn shop in the old Fluevog Shoes store at 242 Queen Street West.

"Skittles pawnbrokers will be on-site at the Skittles Holiday Pawn Shop ready to make sweet deals based on the estimated Skittles value of your unwanted gifts," reads a news release.

You can trade in your unwanted junk from December 26 to December 30 between 10 a.m. and 6 p.m - the first 150 candy enthusiasts in line on December 28 will also get a chance to meet YouTuber IISuperwomanII (Lilly Singh). And in the spirit of the Yuletide season, Skittles will be donating all gifts in good condition to charity.