Toys R Us gone

just gone into liquidation - Maplins expected to do the same later today after both failed to secure new lending packages - combined 5,500 jobs going.
Administration not liquidation. The former means there could still be a buyer for the business whereas the latter means that any assets will be sold off and the company wound down.
 
Are they owned by a hedge fund company?

Those parasites should be made illegal.
 
Not enough 'footfall' on these drive through shopping centres or strip-malls as they call them in the states to keep them afloat anymore. Indeed, if America is to seen as an example they'll be gone before long and there'll be a lot more to follow. Everythings so much cheaper online nowdays - not enough people can be bothered to go shopping as a family etc
 

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