Large toy store shuts down in Australia, selling remaining goods for as low as $1.

A popular toy retailer is shutting down its operations in Australia, and they have decided to sell off all of their stocked items starting from just $1. The company, KidKraft, has been around for more than half a century and is well-known for its wide range of toys and furniture, including play kitchens, dollhouses, and outdoor playsets.

To make this sale possible, Lloyds Auctions, a US-based company, will be hosting an online auction on Saturday, December 21. They estimate that there is over $800,000 worth of merchandise available for purchase. This decision to close down the warehouse comes after KidKraft filed for bankruptcy in the United States, but they are determined to continue their business elsewhere.

According to Lloyds, the bidding will start at just $1, with no minimum reserve, for all of the brand-new, in-box KidKraft products. The auction will be accessible online from Brisbane, Sydney, Melbourne, and the Gold Coast. The best part is that these toys will be ready for pickup just in time for Christmas, at Lloyds' locations in Melbourne, Sydney, and South-East Queensland on December 23-24.

For those who are unable to pick up their purchases before Christmas, there is an option to collect them in early 2025. Lee Hames, the chief operations officer of Lloyds, expressed his excitement about this unique opportunity for Australians to get their hands on KidKraft's beloved products at unbeatable prices. With over 4200 premium items up for grabs, families can now own these products at a fraction of their retail price.

To participate in this auction, people can visit Lloyds Auctions' website, where they can browse through the full catalogue and place their bids. For those who want to stay updated on the latest news, sports, politics, and weather, the 9News app is also available for download on Apple App Store and Google Play. With this app, users can receive notifications directly on their smartphones.

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