No buyer has been found for struggling children's retailer Pumpkin Patch, meaning many employees may be out of a job as early as tomorrow.
All stores will remain open until at least the end of December, but an immediate head office restructure would mean 63 jobs will be lost this week.
Distribution centre workers will stay in the job until the company's remaining stock is shifted.
A union delegate says they will be pushing hard to ensure people who are put out of work can secure their entitlements.
"Union members are consoling the office staff, many of whom are feeling pretty lousy after today's meeting" they said.
"This is a sad day for the staff who've kept the company running for 26 years."
From this weekend, all stock will go on sale. Vouchers will be honoured, but only while the current stock is being sold.