Banbury's Toys R Us announces closing date

Banbury's Toys R Us announces closing date

Banbury's Toys R Us announces closing date

Toys R Us, which has 105 stores across the United Kingdom, went into administration after failing to find a buyer for the company as a going concern.

Across the country, all the company stores will close by Tuesday April 24.

Simon Thomas, joint administrator and Partner at Moorfields, told Toy World: "We are grateful for the hard work of everybody at Toys R Us during this extremely difficult and challenging time".

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.

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

Steve Roberts of Westwood was among the last to claim a bargain at the Toys R Us liquidation sale at 6251 Glenway Ave.

The Norwich store is closing the following day, April 24.

Discounts of up to 70 percent are in place from today and over the next fortnight. The UK branch went into administration in February, putting 3,000 jobs at risk, with "an orderly wind-down" getting underway after the failure to find a buyer.

The toy retailer has received multiple bids of more than $1 billion for a majority stake in its Asian business, the company's bankruptcy attorney said in court on Wednesday.

Further afield, Toys R Us is set to close in Bedford on Saturday, April 21, Milton Keynes and Harlow the next day, and in Luton and Enfield on Monday, April 23.

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