Toys R Us Broughton & Sealand Road to close within 6 weeks

Toys R Us will close all of their stores within six weeks.

According to the Press Association Toys R Us will 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.

The company will start the redundancy process on Wednesday.

ITV’s Chris Choi says staff have received a memo explaining that no one is willing to buy the business.

Toys R Us entered administration at the end of February, administrators Moorfields were appointed to “orderly wind-down the company’s store portfolio” while they sought a buyer.

Chester’s Sealand Road and Broughton Shopping Park store’s will close within six weeks.

Developing story…..

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