Toys"R"Us is to shut a quarter of its British stores, with a loss of up to 800 staff, the troubled US retailer's UK arm announced on Monday.
The US company, which recently filed for bankruptcy in its home market as it struggles to compete with the likes of Amazon, said its larger UK stores no longer made economic sense andRead more
Toys"R"Us is to shut a quarter of its British stores, with a loss of up to 800 staff, the troubled US retailer's UK arm announced on Monday.
The US company, which recently filed for bankruptcy in its home market as it struggles to compete with the likes of Amazon, said its larger UK stores no longer made economic sense andRead more
Global retailer Toys"R"Us, a fixture in post-war America's booming toys market, said it has filed for Chapter 11 bankruptcy protection, strangled by heavy debt and a tough environment for bricks and mortar stores.
The chain, founded in 1948 and "the world's leading dedicated toy and baby products retailer", sells in the United States and 38 other countries and jurisdictions, withRead more