Toys R Us will close its doors for good on Friday

Toys R Us will be no more after this week.

With less than a week left, the company has emailed shoppers that it will only accept credit cards, not cash or debit for the chain’s final days. Those credit cards include Visa, MasterCard, American Express and Discover. 

The email read “Due to the circumstances, we can no longer accept cash or Debit Cards. Credit cards only.”

The message also read that the sales are now between 70 and 90 percent off with limited exclusions.

All sales are final.

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The toy retailer, which started liquidating in March, said that all Toys R Us and Babies R Us locations will close by Friday, June 29, according to posts on the company’s social media pages.

 

Locations that are still open are offering discounts of 60 to 90 percent. (Deals vary, and inventory is limited.) Many stores are also selling the fixtures, NJ.com reported.

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There had been hope that some of the 735 stores in the U.S. could remain open after Isaac Larian, MGA Entertainment CEO and the creator of Bratz dolls, offered $675 million to buy some of the U.S. locations, in addition to $215 million for some Canadian stores, but Toys R Us said no, claiming the offer “was well below the liquidation value of the assets he was seeking,” NJ.com reported.

It’s not just North American shoppers who are losing the toy store. It was announced this week that the Toys R Us Australian locations will close. There were 44 stores that some had hoped were going to survive, but now are expected to close over the next few weeks, ABC in Australia reported.

People walk by a Toys R Us store in Brooklyn on June 8, 2018 in New York City. All 735 Toys R Us stores in America are set to close by the end of June leaving 33,000 workers without a job or severance pay. Many of the employees losing their jobs have worked for the company for decades. Toys R Us has been owned by the private-equity giant Bain Capital. (Photo by (Spencer Platt/Getty Images)) (Spencer Platt/Getty Images)

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