Sales start at Toys ‘R’ Us
The nation’s largest toy store retailer has started its final sale.
Going-out-of-business sales started on Friday, March 23, at all 735 Toys “R” Us and Babies “R” Us stores throughout the U.S. and Puerto Rico. The sales are being conducted by a team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group.
In addition to inventories, store furniture, fixtures and equipment are being sold. Inventories exceed $2 billion in retail value. A spokesperson for the disposition group said it expect the merchandise to sell very quickly.
On March 15, Toys “R” Us informed a U.S. bankruptcy court that that it would be closing its U.S. stores.
Going-out-of-business sales started on Friday, March 23, at all 735 Toys “R” Us and Babies “R” Us stores throughout the U.S. and Puerto Rico. The sales are being conducted by a team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group.
In addition to inventories, store furniture, fixtures and equipment are being sold. Inventories exceed $2 billion in retail value. A spokesperson for the disposition group said it expect the merchandise to sell very quickly.
On March 15, Toys “R” Us informed a U.S. bankruptcy court that that it would be closing its U.S. stores.