A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group began going-out-of-business sales at all 735 Toys “R” Us and Babies “R” Us locations throughout the U.S. and Puerto Rico on March 23, 2018.
One of the largest privately-held companies in America, Toys“R”Us® stores will now be closing as soon as all inventories, as well as store furniture, fixtures and equipment, are sold. Inventories exceed $2 billion in retail value.
A spokesperson for the disposition group said, “Due to the name recognition and goodwill of this brand, we encourage consumers to shop early to take advantage of the best selection of products. We expect merchandise to sell very quickly.”
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Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores