COAST parents Jesse and Vanessa Serrell had no idea anything was wrong when they went into a Coast store to pay their lay-by down on Wednesday.
On Thursday they discovered through the Bubs Baby Shops Facebook page the company had gone into receivership after 17 years in business.
The couple is expecting their third baby in two months had spent $160 on a lay-by cot, but when they went into the Maroochydore store on Saturday to try and finalise the payments and collect their cot they were told that was not possible.
“They wouldn’t release our lay-by even if we paid the outstanding amount, and even though it was there out the back of the store,” he said.
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