Toys R Us to shut all UK stores resulting in 3,000 job losses

Toys R Us to shut all UK stores resulting in 3,000 job losses
 

Toys R Us is to shut all 100 of its UK stores after administrators failed to find a buyer for the collapsed retailer, resulting in the loss of 3,000 jobs.
The toy chain appointed Moorfields Advisory to oversee an administration at the end of February after the firm failed to find a last-minute rescuer.
On Wednesday, staff were told that no buyer has been found for Toys R Us and that all stores will close.
It is thought that Moorfields will now begin a six-week “wind down” of the store estate.
Moorfields will begin with the closure of at least 26 loss-making stores earmarked late last year,... read more

 
14 March 2018 in Business, Views: 39
Source: Guardian
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30