Liquidating prices

Toys “R” Us says that liquidation sales at stores that are closing are final, with no opportunity for exchanges or returns.So you should assume that you’re stuck with whatever you buy during the Toys “R” Us sale.“You reach a point very quickly that you get diminishing returns,” Chuck Tatelbaum, chair of the Creditors Rights and Bankruptcy division and a director with the Tripp Scott law firm, explained to reported.

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At first, shoppers can expect decent—but probably not great—discounts.The company notifies its employees, its vendors, its creditors and its customers that it is closing up shop.It pays its taxes and fulfills its contractual obligations.There have been reports recently that some Toys “R” Us stores had 50% off some Apple products, including older model Apple TVs and i Pod Nanos, but selection and prices vary from store to store.Some shoppers complained on Friday that items were being discounted only by a measly 5%.

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