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

The Toys R Us store at Oldbury. All the shops are expected to close over the next six weeks

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.

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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.

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