Toys R Us and Maplin face collapse with 5,500 jobs at risk

Toys R Us and Maplin face collapse with 5,500 jobs at risk
 

Toys R Us in the UK and electronics chain Maplin are on the brink of collapse, putting 5,500 jobs at risk.
The struggling retailers - two of the UK's best known chains - are understood to have put administrators on standby after failing to secure a rescue deal.
Maplin - owned by Rutland Partners - had put the business up for sale, but talks with a potential buyer are understood to have broken down.
Toys R Us was also seeking a possible sale but has failed to secure a buyer.
Toys R Us staves off collapse after talks
Maplin in talks with potential buyers
The toy chain in the UK - whose US... read more

 
28 February 2018 in Business, Views: 48
Source: BBC
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