Score big at liquidation! Grab these items starting at $1—hurry before they're gone!
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The world of online shopping can be a treasure trove of deals and discounts, but it can also be unpredictable.
In a turn of events with bargain hunters perking up their ears, a major online sporting goods retailer, T&R International, traded under T&R Sports and Sports Leisure, has become liquidated.
This unfortunate circumstance has triggered a multimillion-dollar fire sale, offering a silver lining for consumers looking to score big on sporting and leisure equipment.
The liquidation sale has created excitement, with over 10,000 items from the retailer's inventory being auctioned.
These items include a wide array of new and showroom-quality goods, such as pool tables, electric bikes, electric scooters, portable basketball hoops, swags, and furniture.
Moreover, they start at the jaw-dropping price of just $1, making it an unmissable opportunity for savvy shoppers.
Lloyds Auctioneers, the company tasked with clearing out T&R's stock, has already seen a flurry of activity, with eager buyers snapping up half of the inventory.
Lloyds' chief operations officer Lee Hames shared some of the incredible deals already claimed.
A luxury pool table valued at $16,000 sold for $3,200, a $6,000 mobility scooter sold for $700, and 30 exercise bikes with a combined worth of $21,000 were bought for just $870.
In an astonishing bargain, one buyer managed to secure a $1,800 home gym for only $22.
The remaining stock has been relocated to Lloyds' warehouses nationwide and is ready for auction.
The remaining items will be up for grabs this weekend and through the end of the year.
However, it's important to note that all items are pick-up only, and buyers are responsible for collecting their purchases.
The downfall of T&R International comes with a cautionary tale.
Before the liquidation, state authorities had warned shoppers against dealing with the company.
NSW Fair Trading and Queensland's marketplace regulator had received hundreds of complaints from consumers who felt they had been 'ripped off' or left 'in the lurch.'
Issues ranged from undelivered products to late or damaged goods, and there were concerns about consumers needing to be denied refunds they were entitled to under Australian Consumer Law.
Despite these warnings, the liquidation sale presents a unique chance for consumers to acquire high-quality sporting goods at a fraction of the cost.
It's an opportunity for those eyeing a new piece of equipment to finally purchase without breaking the bank.
For our members at the Seniors Discount Club, this could be the perfect time to upgrade your home gym, invest in a new hobby, or even find that perfect gift for the grandkids.
Just remember to act fast, as deals like these won't last long, and once the stock is gone, it's gone for good.
Earlier this year, Australian online retailer T&R International, known for selling sports and exercise equipment, entered liquidation, leaving creditors and customers owed millions.
The company, which operated websites like Sports Leisure and Bike Scooter Hub, is under investigation by NSW Fair Trading following customer complaints and alleged breaches of consumer law. You can read more about it here.
What should shoppers consider when taking advantage of big sales like this? What are some important things to consider before purchasing liquidation events? Let us know in the comments below.
In a turn of events with bargain hunters perking up their ears, a major online sporting goods retailer, T&R International, traded under T&R Sports and Sports Leisure, has become liquidated.
This unfortunate circumstance has triggered a multimillion-dollar fire sale, offering a silver lining for consumers looking to score big on sporting and leisure equipment.
The liquidation sale has created excitement, with over 10,000 items from the retailer's inventory being auctioned.
These items include a wide array of new and showroom-quality goods, such as pool tables, electric bikes, electric scooters, portable basketball hoops, swags, and furniture.
Over 10,000 sporting items were put on sale for $1 after T&R International's liquidation. Credit: YouTube
Moreover, they start at the jaw-dropping price of just $1, making it an unmissable opportunity for savvy shoppers.
Lloyds Auctioneers, the company tasked with clearing out T&R's stock, has already seen a flurry of activity, with eager buyers snapping up half of the inventory.
Lloyds' chief operations officer Lee Hames shared some of the incredible deals already claimed.
A luxury pool table valued at $16,000 sold for $3,200, a $6,000 mobility scooter sold for $700, and 30 exercise bikes with a combined worth of $21,000 were bought for just $870.
In an astonishing bargain, one buyer managed to secure a $1,800 home gym for only $22.
The remaining stock has been relocated to Lloyds' warehouses nationwide and is ready for auction.
The remaining items will be up for grabs this weekend and through the end of the year.
However, it's important to note that all items are pick-up only, and buyers are responsible for collecting their purchases.
The downfall of T&R International comes with a cautionary tale.
Before the liquidation, state authorities had warned shoppers against dealing with the company.
NSW Fair Trading and Queensland's marketplace regulator had received hundreds of complaints from consumers who felt they had been 'ripped off' or left 'in the lurch.'
Issues ranged from undelivered products to late or damaged goods, and there were concerns about consumers needing to be denied refunds they were entitled to under Australian Consumer Law.
Despite these warnings, the liquidation sale presents a unique chance for consumers to acquire high-quality sporting goods at a fraction of the cost.
It's an opportunity for those eyeing a new piece of equipment to finally purchase without breaking the bank.
For our members at the Seniors Discount Club, this could be the perfect time to upgrade your home gym, invest in a new hobby, or even find that perfect gift for the grandkids.
Just remember to act fast, as deals like these won't last long, and once the stock is gone, it's gone for good.
Earlier this year, Australian online retailer T&R International, known for selling sports and exercise equipment, entered liquidation, leaving creditors and customers owed millions.
The company, which operated websites like Sports Leisure and Bike Scooter Hub, is under investigation by NSW Fair Trading following customer complaints and alleged breaches of consumer law. You can read more about it here.
