The global toy store chain Toys”R”Us has been facing financial woes around the world these past few months – just a few days ago we reported that US stores may be shuttering soon. That worst case scenario is already underway elsewhere, however.
Sky News reports that all 105 stores across the United Kingdom will be shuttering after the company entered administration at the end of February. Over 3000 jobs are expected to be lost.
PA sources: 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
— Sky News Breaking (@SkyNewsBreak) March 14, 2018
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Our best wishes go out to everyone affected by the closures in the weeks to come.