Published: Sat, March 17, 2018
Worldwide | By Victor Meyer

30 days left to use Toys 'R' Us gift cards

30 days left to use Toys 'R' Us gift cards

"To date, Toys R Us has not stated what will happen to the remaining gift card balance for users after liquidation, nor have they indicated that they will provide consumers with an opportunity to trade that balance for a cash value", Schumer wrote.

And unfortunately, most retail experts believe Toys R Us' days are numbered.

This affects both Toys "R" Us and Babies "R" Us stores. The move puts a nail in the company's coffin, likely meaning the closure of almost all of its approximately 700 remaining USA stores.

"Your best bet is to spend gift cards right away", says Tom Olk, vice president of risk at Raise, an online reseller of gift cards.

It's unclear how many people are employed by Saginaw County's Toys R Us and Babies R Us stores.

If you have a gift card from one of the listed companies, spend it quickly. The retailer announced on Wednesday that it is closing all of its United Kingdom stores.

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The move comes amid its bankruptcy filing and after disappointing holiday sales and supply problems from concerned vendors.

In Flint, Toys R Us at 3250 South Linden Road and Babies R Us at G-3274 South Linden Road will close. Those stores are set to close in April.

The New Jersey-based retail chain announced Thursday it will be closing all of its US and Canadian stores over the next few months.

For customers holding gift cards of businesses that have entered the liquidation process, time is of the essence.

The baby registry program Endless Earnings, which allowed customers to earn 10% back in purchases using the Babies "R" Us registry, will also be only available for the next 30 days.

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