NORTHBROOK, Ill., May 8, 2018 /PRNewswire/ -- Toys 'R' Us® and Babies 'R' Us® announced today that it has increased its discount range on all merchandise with incredible new sales prices available through this weekend. The retailer, which is liquidating more than $2 billion of merchandise across 735 locations nationwide, has slashed prices ranging from 30 percent to 50 percent off as part of its store closing event.
Top brands, including Fisher Price, Mattel, Barbie, Hot Wheels, Carters, Graco, Disney, Star Wars, Nerf, Avent, American Girl, Playskool and more are a part of this sale.
"This liquidation event provides shoppers the opportunity to be a TRU kid one last time with notable brand names at rarely seen discounts. We encourage shoppers to get in early to take advantage of these savings and get the best merchandise before inventory sells out," said a spokesperson for the venture.
In addition, beginning Friday, May 11th stores across the United States are giving loyal shoppers the opportunity to commemorate their final Toys 'R' Us moments with a selfie banner featuring the retailer's iconic mascot Geoffrey. "Toys 'R' Us has been a renowned household name over the years and providing loyal customers the opportunity to commemorate their final moments is a great way to keep the memory of Toys 'R' Us alive. We encourage everyone to capture and share their final experiences on Toys 'R' Us' social media channels using the hashtag #alwaysatrukid," said the spokesperson.
The retailer announced plans on March 15, 2018 to shut down its operations in the United States and Puerto Rico. The joint venture is comprised of Great American Group, Tiger Capital Group, Gordon Brothers and Hilco Merchant Resources.
To find a store near you and to stay up to date on new discounts during this liquidation event, please visit www.toysrusclosingsale.com.
About Great American Group
Great American Group, LLC is a leading provider of asset disposition and auction solutions, advisory and valuation services, and a wholly-owned subsidiary of B. Riley Financial, Inc. Great American Group efficiently leverages its sector expertise and deploys resources to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. To learn more about Great American Group, please visit www.greatamerican.com
About Tiger Capital Group
Tiger Capital Group (tigergroup.com) provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger maintains domestic offices in New York, Los Angeles, Boston, Chicago, and San Francisco, and international offices in Sydney, Perth, Melbourne and Brisbane, Australia.
About Gordon Brothers:
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across four continents.
About Hilco Merchant Resources
Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives. Hilco Merchant Resources' activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Hilco Merchant Resources is part of Northbrook, Illinois based Hilco Global, one of the world's leading authorities on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.
SOURCE Hilco Merchant Resources