Bed Bath & Beyond is buying Toys R Us gift cards after the toy company suddenly shut down its websites

caption
Shoppers can exchange their Toys R Us gift cards at Bed Bath and Beyond.
source
Getty Images

Bed Bath
& Beyond
is buying Toys R Us
and Babies R Us gift cards, but only for a limited time.

The home goods company is offering to purchase the cards at a
discount as Toys R Us winds down its US business by closing all
its stores and
shutting down its websites
. In return, the company will pay
shoppers in the form of a Bed Bath & Beyond gift card.

The offer, which is accessible
on Bed Bath & Beyond’s website
, expires on Thursday at
midnight.

Shoppers who take advantage of the offer won’t receive the full
value of their Toys R Us gift cards, since Bed Bath & Beyond
is buying them at a discount.

The company will reimburse shoppers for about 65% of the value of
the cards. Bed Bath & Beyond will pay out $64.20 for a $100
Toys R Us gift card, for example.

But it’s still a good deal for shoppers who are running out of
ways to spend their Toys R Us gift cards, after Toys R Us
abruptly shut down its websites last week.

The value of the gift cards at Toys R Us
will expire within two weeks
.

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