Toys R Us expected to close ALL UK stores as bid to find buyer apparently fails

Retail giant Toys R Us is set to close ALL of its UK stores after a bid to find a buyer apparently failed.

Wednesday, 14th March 2018, 1:13 pm
Updated Wednesday, 14th March 2018, 1:15 pm
Toys R Us is set to close all of its branches.
Toys R Us is set to close all of its branches.

The firm - which has one store in Sheffield and two in Doncaster - collapsed into administration but hoped to keep some branches open.

But now more than 100 stores across the UK are expected to close in the next six weeks - meaning the loss of 3,000 jobs.

Twenty five stores have either closed in recent days or are due to shut by Thursday.

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Administrators Moorfields were appointed last month to start winding down the UK's biggest toy retailer after it struggled to pay a £15m tax bill.

The retail chain's American parent company is also close to collapse, with reporting suggesting it may start closing its 800 stores in the US this week.