Toys ‘R’ Us 44 Australian stores will close for good in just days.
The massive fire sale continues after Toys ‘R’ Us announced it was shutting down all of its 44 Australian stores.
The sale now includes up to 70 per cent discount off some stock. Yes that’s 70%!
The toy retailer is expected to close all its remaining stores by the weekend of August 4-5.
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McGrathNicol Restructuring Partners announced stock would be sold at between 50 to 70 percent off from now on.
Shop fittings are also up for grabs.
“The realisation of stock across the network will enable all employee accrued entitlements, including redundancy payments, to be paid to Toys ‘R’ Us and Babies ‘R’ Us employees shortly after the termination of their employment,” McGrath Nicol partner Jason Preston said.
Sadly 700 employees will lose their jobs after administrators failed to find a buyer.
Quick! Get in and stock up the gift cupboard for Christmas early.
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