Toys R Us had started its closing down sale in 25 UK stores. There is up to 30% off everything in affected stores.
As it is a closing down sale, shoppers will need to be quick to get their pick of the best items. The following stores are holding their closing down sales now:
- Aberdeen
- Basingstoke
- Belfast (38 Mill Road, Newtownabbey)
- Birmingham
- Bolton
- Bradford
- Brislington
- Cambridge
- Cardiff (International Sports Village)
- Derry City
- Doncaster
- East Kilbride
- Exeter
- Hayes
- Kirkcaldy, Fife
- Leicester
- Livingston
- Old Kent Road
- Plymouth
- Scunthorpe
- Shrewsbury
- Tamworth
- Tunbridge Wells
- Watford
- York
On its website, Toys R Us stated: “This week, Toys ‘R’ Us launched A CLOSING DOWN SALE in selected stores (see list below) with a massive ‘Up to 30%’ off everything, a toy lovers dream but also an opportunity for new parents to pick up that all important car seat or pushchair for the littlest member of the family as Babies ‘R’ Us SALE is included in the Closing Down deals. Everything in store has been marked down and has to go, so please hurry to avoid disappointment.”
These stores are closing down permanently because they incurring losses and are seen by Toys R Us directors as nonviable even if a reduction in rent is offered.
The affected stores are due to close-down in spring 2018. At least 500 jobs may become redundant as a result of these store closures.
There may be more closures later in the year as Toys R Us wants to lower rents on more locations, including its warehouse, in Coventry and head office in Maidenhead. A full list of Toys R Us locations in the UK and their risk of closure has been previously published by The Toy Detectives.
Toys R Us is abandoning unprofitable locations in a bid to save its business in the UK. Recently the company entered into a Company Voluntary Arrangement (CVA) in order to give time to restructure the business and increase the likelihood that it can continue to operate.
The USA, the parent company had already filed for Chapter 11 bankruptcy protection. Its Canadian business is also under equivalent arrangements.
Further evidence: Toys R Us (UK) website, where full addresses and telephone numbers are also listed