Toys R Us has launched a fire sale after falling into voluntary administration just months after the US and UK retail giant’s collapse.
The company operates 44 retail stores across Australia and employs about 700 permanent staff.
No employee positions are affected by the appointment, the spokesman said.
There has never been a better time to score massive savings on children’s products and toys with scooters for just $20 from $25, $150 slashed off car seats and 25 per cent off Lego, reports Daily Mail.
Savings range from 20 – 60 per cent, with a number of ‘buy one get one free’ deals.
Directors of the company resolved to appoint voluntary administrators McGrathNicol after the withdrawal of the final bidder for the sale of the Australian business, a McGrathNicol spokesman said in a statement on Monday.
Toys ‘R’ Us Australia will no longer offer refunds, and gift cards and vouchers will only be honoured if customers spent an additional equivalent amount.
Online orders and lay-bys will be delivered or honoured where goods had been paid for in full and the stock was available.
Are you a Toys R Us fan? (We don’t have it here in Tassie)
Share your comments below