stayontheblack.com

World

Toys 'R' Us, Babies 'R' Us stores set to close offering discounts

Toys R Us cuts prices by up to 30 percent as store-closing sales begin

Toys "R" Us is expected to host going-out-of-business sales for 180 of its stores in the U.S.

Toys R Us is beginning liquidation sales after filing for bankruptcy in September 2017 according to CNBC. Stores in Alpharetta, Dunwoody, Lithonia and Douglasville are Babies R Us.

The sales, however, will not be matched as Toys "R" Us and Babies "R" Us stores that will remain open.

The well-known toy store chained had filed a motion last month to close up to 182 or one-fifth of its 880 stores, the Bergen County Record reported.

Time reports that while the has yet to officially announce the dates of the massive sales, after a bankruptcy court approved liquidation plans on Tuesday, the sales can begin as early as Wednesday. The starting discounts are up to 30 percent off. Customers can expect deep discounts across all brands and store furniture and fixtures will also be for sale, according to a Gordon Brothers news release.

The press release notes that closing stores will continue to honor gift cards and special credit card deals. The sales reportedly could start as early as February 7 and last through April.