The toy giant plunged into administration on Wednesday, February 28, 2018, putting 3000 jobs at risk.
Discounts of up to 25 per cent will be available on all products as part of a huge sale at its store at Deepdale Retail Park.
The store will continue to trade until further notice - but it is believed some could be closed in the coming days.
A spokesman for Toys R Us Preston 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 Toys R Us collapse happened on the same day that electrical retailer Maplin also entered administration, putting 2,500 jobs at risk. Meanwhile it was reported that Italian chain Prezzo, which has four eateries across Lancashire, announced it was closing 100 of its restaurants in a bid to save the business.