TORONTO, May 15, 2024
/CNW/ - Samko & Miko Toy Warehouse the family run business,
formerly located in Richmond Hill,
Ontario has filed for bankruptcy and Dodick Landau Inc. has
been appointed as Trustee. Started over 60 years ago, the company
was a trailblazer in the discount toy industry. Samko & Miko
was known for selling top brand children's toys and books at
unbeatable prices. Their seasonal warehouse sales and travelling
pop up stores have been a staple in the Canadian toy market for six
decades.
After facing a changing and challenging retail landscape the
company filed for bankruptcy. Danbury Global Ltd. & A.D.
Hennick & Associates Inc. will be liquidating their remaining
inventory through an online auction that opens to the public
tomorrow!
"There is over $850,000 at retail
of brand-new toys, games and books to be sold in one day" said
Jon Ordon, CEO of Danbury
Global.
The online auction will run from May
16th to May
23rd and includes a massive selection of outdoor
activity toys, baby & toddler products, actions figures,
animals, trucks, blocks, dolls, arts & crafts, boards games,
books and so much more from all the top brands, including: Mattel,
Hasbro, Fisher-Price, Crayola, Barbie, Disney, Little Tykes, and
more
"With well over 40,000 toys and 20,000 books, this is a great
opportunity to stock up with gifts for your kids, or to buy items
for resale" Alex Hennick, President
of A.D. Hennick & Associates added.
Everything is being sold without reserves at the auction, so the
highest bidders will take all.
Additional information can be found at:
https://danburyglobal.com/samko-toy-warehouse/
About Danbury Global Ltd.
Danbury Global
is a hands-on provider of asset monetization solutions focused on
the disposition of retail and wholesale inventories, as well as
industrial machinery and equipment. Danbury's services include, but are not
limited to, retail store closings, orderly liquidations of
wholesale inventories, and onsite and online public auctions.
About A.D. Hennick & Associates
Inc.
A.D. Hennick & Associates works together with
Manufacturers, Distributors, Landlords and Bankruptcy Trustees to
provide liquidation solutions for excess inventory, cancelled
orders, and distressed assets. With a reputation for honesty,
integrity, and fairness, we work with a wide variety of industries
to quickly maximize value for liquidated stock while protecting
brand images.
SOURCE Danbury Global Ltd.