Bankruptcy experts are encouraging shoppers to immediately use their Toys R Us gift cards. This amid reports that the toy company is preparing to potentially close all of its US stores.
An announcement on the fate of the retailer and its nearly 800 stores could come as soon as Thursday. That’s when Toys R Us is set to appear at a bankruptcy hearing.
Toys R Us did not respond to a request for comment.
During retail bankruptcies, shoppers often fail to recoup the money left on unused gift cards.