According to SBS News, all potential buyers have pulled out and the failing company has no other choice at this point. Many of the previous statements applicable to consumers still stand, but now with an ending date. Items of note include:
- - Gift cards and vouchers continue to be accepted, as long as customers spend an additional equivalent amount (i.e. to redeem a $50 gift card, a customer would need to purchase $100 worth of product). This will be true up until July 5th.
- Online orders will be delivered, provided the order has been fully paid for and the stock is available. The online ordering system will be closing June 22nd.
- Lay-bys will be honoured until July 5th.
- Workers are expected to "receive all their entitlements from the proceeds of the liquidation and asset sales".
Toys R Us Australia is expected to shut down entirely "in the coming weeks", but there's no word yet on when exactly that will be. Rest assured we'll let you know once that information is shared. For now check out our story on Toys R Us Canada's success if you want a more optimistic spin, and as always, share your feelings on this development in the Energon Pub forums. And of course, keep an eye on Seibertron.com for all future updates to this ongoing saga.
