Rutherford Toys ‘R’ Us employees are among 700 permanent staff members across Australia to be impacted by the company’s closure.
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Administrators McGrathNicol Partners have maintained the business of Toys ‘R’ Us Australia since their appointment in May, while pursuing sale options for the business.
All interested parties advised McGrathNicol they have withdrawn from the sale process and the business will now be wound down.
Gift cards will be honoured until July 5, 2018.
However, to use the gift card in full, customers must spend at least the equivalent amount in a Toys ‘R’ Us store.
For example, to use a $100 gift card in full, customers must spend an additional $100 in store.
Existing lay-by will be honoured until July 5, 2018, provided the outstanding balance is paid and the stock is available.