Just heard from some unnamed source that it started today, goes till 7pm and same tomorrow too (i think) 50% off everything or so i have been told....

Did your un-named source say where it is?

I thought they shut their shop a couple o months ago.... and should be in a different location 

They were selling gear from their old location in the Grand Arcade on Willis St the other day so I assume it is still there. Sad to see it go