Toys R Us will begin their massive liquidation sales today, Thursday, March 22, 2018. The huge going-out-of-business sale comes a week after the retail giant announced that they are planning on closing all 735 of their stores. The Toys R Us liquidation sale is not a regular sale and there are some things you need to know before shopping.
Toys R Us, which is based in Wayne, N.J., starts their liquidation sale on Thursday and the company expects to shutter their doors forever by the end of June. The timeframe for Toys R Us to sell off their enormous inventory was divulged on Tuesday at a hearing in U.S. Bankruptcy Court in Richmond, Virginia.
- The sales are only at Toys R Us retail locations and are not available online right now. That may change, but Toys R Us is currently hopeful that their e-commerce operations may be bought by another company.
- Toys R Us spokesperson Amy von Walter said that sale items will be reduced 30% initially. Then the price cuts will gradually become larger, but the most desired products will also be harder to find because the stores are not restocking items. Once they’re gone, they’re gone.
- All sales are final. So if you buy something that is broke, you’re stuck with it.
- Once a store sells out of their inventory that’s it, the store will be closed down.
- Toys R Us will no longer accept coupons.
- If you have Toys R Us and Babies R Us gift cards use them now! All Toys R Us and Babies R Us gift cards are redeemable until April 15th, after that they will be rendered worthless.
- Just because this is a liquidation sale doesn’t mean that you’ll automatically get the best price, especially the first week. You may want to utilize a price-checking app or Google Shopping to make sure that you are getting a good deal.
Toys R Us turns 70-years-old this year and Geoffrey the Giraffe had a good run. Toys R Us is dead. Long live Toys R Us!