Published: Чт, Апреля 12, 2018
Technology | By Christopher Mann

Closing date for Newbury Park Toys R Us announced

Closing date for Newbury Park Toys R Us announced

The final trading date for Toys R Us UK stores will be April 24, with all locations closing by that day.

A spokesman from Moorfields Advisory Limited said that all 2,054 employees have been informed and will be paid up to and including their last day of employment.

Stores will continue to trade as normal up until the dates listed below and the nationwide stock discounting programme has been extended further.

Failed US toy-store chain Toys'R'Us reportedly plans to sell its Asia business for more than one billion dollars.

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The retailer's administrators have confirmed over 2-thousand employees will be made redundant.

Troubles for the global brand began after the USA business filed for bankruptcy past year and subsequently shut 180 stores.

Stevenage is one of the 75 remaining Toys R Us and Babies R Us sites in the United Kingdom that will close by Tuesday, April 24. "Extended discounts of up to 70% are in place from today and offers are available on some of our best-known brands." .

Bloomberg earlier reported that the us -based company has received multiple bids of over $1 billion (about ¥107 billion) from prospective buyers for its Asian business, citing a lawyer for the company speaking Wednesday in bankruptcy court. Interested bidders are reportedly looking to take an 85% stake in TRU's Asian operations, which include more than 400 physical locations in Greater China and Southeast Asia.

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