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Shoppers have until Sunday to use any gift cards, settle accounts and exchange products at Toys R Us.
The store in Chatham has confirmed the launch of a closing down sale with discounts of up to 25%.
This follows the news last week that the toy store had gone into administration.
Everything in the store has been reduced and has to go. Some new stock arriving this week will also have to be sold.
Traffic was queuing to get into the store in Horsted Retail Park at the weekend as large yellow 'closing down sale' signs appeared on the windows.
Exchanges can only be made while the store is open, which is why they are advising customers to settle everything as soon as possible.
Deposits paid under Take Time to Pay Agreements towards larger purchases will be honoured if the balance is paid and should be collected by March 11.
Shoppers have been advised to spend gift cards and exchange products before this date too.
Justine Pryce, a spokesman for Toys R Us Medway, 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”.