"Everything must go."

That is the word coming from Toys R Us after it was announced last week that the store had gone into administration.

The toy store has today confirmed that it will be holding an "extensive" closing down sale with immediate effect.

Discounts of up to 25 per cent will be featured throughout the store, including the Babies R Us range.

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A spokesman for Toys R Us said: “There are plenty of bargains to be had in store, everything is now reduced by up to 25% on shelf price.

"If you’re looking for toys or expecting a baby then head to the store now, everything must go.

"Due to such fast-moving demand, please hurry before all the stock is gone."

The store is continuing to trade until further notice, although gift cards will be honoured until Sunday, March 11.