3000 made redundant as Toys 'R' Us shutters United Kingdom stores

3000 made redundant as Toys 'R' Us shutters United Kingdom stores

Toys R Us, the beleaguered USA toy retailer, is set to close its 100 stores in the United Kingdom, beginning this week, on the back of news that a buyer could not be found to rescue it, according to multiple published reports.

The UK arm of the embattled US-based toy chain appointed Moorfields Advisory partners Simon Thomas and Arron Kendall to oversee an administration at the end of February.

Toys R Us has confirmed it will close all 100 of its United Kingdom stores after attempts to find a buyer for the retailer failed.

But they said: "While this process has generated some interest, unfortunately it has not been possible to secure a sale".

"We have made every effort to secure a buyer for all or part of the company's business", Thomas said.

Today, they confirmed that no buyer was found and that a total of 67 redundancies were made at Toys R Us' UK head office in Maidenhead.

Attempts to sell the business have failed, meaning that the retailer will start plans to close down all of its 106 United Kingdom stores.

What's new with the Raspberry Pi 3 Model B+?
The Raspberry Pi 3 Model B + is on sale now, and maintains the same price point at $35 (around £25, AU$45). In short, the upgraded Pi promises more speed and power.

A woman said: 'So sad that my future kids won't get to experience the magic of Toys R Us like I did'. Those sales were extended on Tuesday and products are being offered at discounts of as much as 30pc.

A host of other major firms are undergoing painful restructurings, including New Look and Jamie Oliver's restaurant chain.

It's believed around 25 stores will be shut down tomorrow, with the remaining 75 being closed down over the next six weeks.

Toys R Us is no longer accepting giftcards and vouchers.

"We are grateful for the hard work of Toys R Us staff during this very difficult period and will be providing support where we can to those who have been made redundant".

"If you are still waiting for your delivery today (14th March) then you need to log your order as missing".

The Sun Online has contact Toys R Us and we are expecting a statement shortly.

Related News:

  • Celebrate Pi Day 2018 With A Slice Of Pie

    Celebrate Pi Day 2018 With A Slice Of Pie

    It gets even better on Pi Day: bring this coupon and buy one buffet at regular price, get a second one for, spoiler alert, $3.14. Grand Traverse Pie Company: Offering a free slice of (Michigan Apples, Blueberries, Cherries) pie with any purchase.

    Cheltenham Festival: Serious challenge awaits Altior in Queen Mother Champion Chase

    G1 Weatherbys Champion Bumper and will be partnered by Patrick Mullins, who already has a victor on the board this Festival. Even if they thought it was a penalty kick and he got a battle, he did what he had to do and did it well.
    National Football League  free agency rumors: Packers releasing Jordy Nelson, signing Jimmy Graham

    National Football League free agency rumors: Packers releasing Jordy Nelson, signing Jimmy Graham

    Jordy will always be a member of the Packers family and we look forward to his eventual induction into the Packers Hall of Fame. To some surprise, he is instead signing with the Green Bay Packers, according to multiple reports Tuesday afternoon.
  • Minnesota students to join national gun violence walkout

    Minnesota students to join national gun violence walkout

    But some vowed to walk out anyway, understanding that accepting punishments is part of what can make civil disobedience powerful. He argues that they're oversimplifying the problem of school violence by advocating more gun control as the solution.
    Alexis Sanchez sends cryptic message to Man United fans

    Alexis Sanchez sends cryptic message to Man United fans

    Mourinho made a decision to leave Mata on the bench against Sevilla and only send him on when they were desperate for a goal. Club captain Michael Carrick has first-hand seen what Sanchez can do in Premier League clashes with Arsenal.
    Bank for International Settlements warns of crypto invasion

    Bank for International Settlements warns of crypto invasion

    The report says that CBDCs could influence deposits, which represent a significant capital source for commercial banks. It said last month its study would not be finalized until late next year, later than initially indicated.
  • IShares 3-7 Year Treasury Bond (IEI) Rises 0.1% for Mar 12

    A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Finally, Ausdal Financial Partners Inc. lifted its position in iShares Select Dividend ETF by 43.9% in the third quarter.
    Releasing Jordy Nelson not an easy decision for Brian Gutekunst

    Releasing Jordy Nelson not an easy decision for Brian Gutekunst

    Nelson, who was slated to count $12.5 million against the Packers' salary cap, reportedly wasn't willing to take a pay cut. It would be the easiest transition for Nelson, as he'd go from Rodgers throwing him the ball to Tom Brady.
    Sea of Thieves The Quest

    Sea of Thieves The Quest

    The Quest For The Golden Bananas begins 7:00PM AEDT on March 19, where clues will be revealed every 3-4 hours for three days. The final clue will be released on 21 March at 9pm GMT, when teams can submit all of their answers.
  • Jay-Z, Beyoncé announce tour date for Camping World Stadium

    Jay-Z, Beyoncé announce tour date for Camping World Stadium

    After rumours swirled over the past week, the couple revealed the tour news via a video that was posted to Beyoncé's Instagram. Beyonce and Jay-Z have finally confirmed that they are going on a joint tour " On The Run II ".
    Nepal's first woman president wins second term

    Nepal's first woman president wins second term

    An electoral college, including members of parliament and provincial assemblies, will vote in the election. She was elected twice in parliamentary elections in 1994 and 1999 and also served as the defence minister.
    Met Eireann issue ANOTHER status yellow warning

    Met Eireann issue ANOTHER status yellow warning

    Marchers and onlookers will face potentially bracing conditions - and have been warned to dress accordingly. The forecaster says rain will lead to accumulations of 30 to 50mm with a risk of localized flooding.


Most liked

Trump May Have Already Picked His New Top Economic Adviser
Liddell now serves in the White House as the Director of Strategic Initiatives, working closely with Jared Kushner. Now, according to two reports and sources, two clear frontrunners have emerged.

North Carolina chefs among James Beard nominees
Gerard Craft of Niche won "Best Chef: Midwest" in 2015 , and Kevin Nashan of Sidney Street Cafe took the same award past year . Post-Dispatch restaurant critic Ian Froeb is a member of the James Beard Awards restaurant and chefs awards committee.

Best Ways To Celebrate St. Patrick's Day In St. Louis
This is a day-long event and after 8 p.m.it is reserved for 21 and over when all-inclusive food and beverage packages begin. The Irish Pub in Kranj is hosting Saint Patrick's Day celebrations on the nights of Friday 16 and Saturday 17.

Josh Groban, Idina Menzel set arena tour together
That success allowed Menzel to record several albums, including 2016's " Idina ", and carve out a career in television and film. Simultaneously he is also working on his eighth studio album to be released later in 2018.

WEATHER WARNING: Snow storms to hit Peterborough as cold snap returns
Temperatures will gradually get colder as we head towards the weekend, with the weather not expected to get above 2°C on Saturday.

Sega Genesis Classics trailer leaks online, coming to Xbox One in May
The collection is scheduled to be released on the 29 May; perhaps there will be word on a Switch version soon after. Those games were Sonic the Hedgehog , Streets of Rage , ToeJam & Earl, The Revenge of Shinobi and more.

Arturo Vidal: 'Bayern Munich not scared of anyone in Champions League'
Lewandowski changed his agent in February, leading to speculation that he could be on the move at the end of the current campaign. However, he has the second worst shooting accuracy of the above players, with just over half of his shots landing on target.

Federer hails Williams sisters after legendary 29th clash in careers
She looked like Serena most of the time. " My room for improvement is incredible ", added Serena . "I'm getting there. I think this will change a little bit in the future, but for sure (her) game is good and not really any weakness.

Mkhitaryan could make his mark in Arsenal's Europa League title hunt
The 2-0 lead means Arsenal don't necessarily have to win this match but it would still be nice to do just that. We've seen in the first game how good they are.

Ukraine gained fifth gold medal at 2018 Winter Paralympics
Arthur Bauchet of France finished in silver medal position after being fastest in the first run of the Super-G, earlier today. Hall said: "It has been 8 years since Vancouver and I'm still in shock, pretty emotional".

Ingalls & Snyder LLC Buys 30230 Shares of Celgene Co. (CELG)
Since September 12, 2017, it had 1 buying transaction, and 3 selling transactions for $2.98 million activity. Liberum Capital maintained Sports Direct International plc (LON:SPD) on Tuesday, May 9 with "Hold" rating.

Duterte announces Philippines' 'immediate' withdrawal from ICC
Senator Antonio Trillanes said Duterte was withdrawing "because he knows that there is no way out for him in the ICC". The prime minister says the president of the Philippines was receptive to concerns he raised about human rights.

Court Says Texas Ban On So-Called Sanctuary Cities Can Stand For Now
Critics also fear it will lead to the racial profiling of Hispanics and put officers in untenable positions. Trump's presidency, the Justice Department threatened to cut funding to such cities.

Cognizant Technology Solutions (NASDAQ:CTSH) Earning Positive News Coverage, Study Shows
Kirr Marbach & Limited Liability Corporation In stated it has 4.74% in Cognizant Technology Solutions Corporation (NASDAQ: CTSH ). News stories about Cognizant Technology Solutions (NASDAQ: CTSH ) have trended positive recently, according to Accern Sentiment.

Marqise Lee: Staying in Jacksonville
According to an NFL Network report, the agreement is for four years and $38 million, with $18 million guaranteed. Moncrief grabbed seven touchdowns on just 30 catches in 2016, though he managed only two scores in 2017.