All 2,054 employees have been informed and will be paid up to and including their last day of employment.
The joint administrators of Toys R Us Simon Thomas and Arron Kendall, partners in Moorfields Advisory Limited, have announced that the remaining 75 Toys R Us and Babies R Us stores in the UK are to close by Tuesday 24th April.
Stores will continue to trade as normal up until the dates listed below and the nationwide stock discounting programme has been extended further. Discounts of up to 70% are available throughout the stores, with all bikes, car seats, strollers and action figures currently on offer at half-price. Further Manager’s Specials deals are available on selected products in stores.
Simon Thomas, joint administrator and Partner at Moorfields, commented: “We are grateful for the hard work of everybody at Toys R Us during this extremely difficult and challenging time. We are working closely with the 2,000 employees affected by the closures to ensure they receive the support they need for redundancy and other compensatory payments.”
He added: “The stores across the county will be open as usual until the last day of trading and we would encourage shoppers to make the most of the great deals on offer. Extended discounts of up to 70% are in place from today and offers are available on some of our best-known brands.”