Thread: Toys"R"Gone
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Old 03-18-2018, 04:38 AM   #1
tubemonkey
monkey on the fringe
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Toys"R"Gone
Your Toys 'R' Us closing questions answered

Quote:
A favorite shopping destination is closing its doors, and Toys "R" Us shoppers are wondering exactly how it will affect them.

Here's what we know so far.

1. When will Toys "R" Us closing sales begin?

The company has said that a firm timeline has yet to be determined.

There's a bankruptcy hearing on Tuesday where the company can get approval to start steep discounts and hang "Store Closing Sale" signs at most locations, according to Robert LeHane, an attorney representing creditors in the bankruptcy proceedings.

Ray Wimer, an assistant professor of retail practice at Syracuse University, said he expects discounts to start on the low end, around 20% to 30%, but they'll eventually climb to 75% to 80% off.

-story continues-
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