Apr 13 2018
Failed US toy-store chain Toys'R'Us reportedly plans to sell its Asia business for more than one billion dollars.
After a failed restructuring attempt and poor December sales in the United States, the firm said in March it would close its stores in the U.S. and Puerto Rico.
Simon Thomas, joint administrator and partner at Moorfields, said: "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".
The company has said the remaining 75 stores across the country will close by April 24.
Moorfields has been managing the administration of the bust company, after it was unable to pay a 15 million pound tax bill.
The retailer's administrators have confirmed over 2-thousand employees will be made redundant.
Trump Keeps His Syria Attack Options Open as Russia Urges Calm
Donald Trump and Western allies are in talks over a possible military strike against Syria . President [Vladimir] Putin, Russia and Iran are responsible for backing Animal Assad.
Humboldt Broncos Victim & Survivor Misidentified
Frith knows from her own experiences as a first responder how much it means when someone is appreciative of the work they do. Between donations from families, neighbours and passersby, they raised more than $200 in a couple of hours Sunday afternoon.
CBSE leak: Three including teacher arrested from Himachal Pradesh
Two accused Rishabh, 29, and Rohit, 26, taught mathematics and physics respectively at Mother Khazani Convent School at Bawana. Delhi Police formed a Special Investigation Team (SIT) of its Crime Branch to investigate the leak of papers.
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. In total, over 3,000 jobs will have been lost when the retailer closes.
Stores are now offering discounts of up to 70 per cent on remaining products.
United States media is reporting that the chain will sell its 85-percent stake in Toys'R'Us Asia, a joint venture with a Hong Kong partner.
Bricks-and-mortar retailers in the United States and the UK, among other countries, have been facing mounting pressure from the continued rise of internet shopping.
High street retailers such as Toys R Us have been battling against a combination of rising costs and a fall in consumer confidence.
Apr 13 2018
Almost 260 dead in military plane crash in Algeria
Algeria's defense ministry was quoted by state TV as saying that 247 passengers and 10 flight crew were among those killed. Most merchants near the airbase remained closed for business in a mark of respect for the dead and their families.
Apr 12 2018
Local Doctors Push For Organ Donations During National Donate Life Month
That's as we hear the terrifying figure that three people die needlessly every day waiting for an organ . You can go to www.giftoflife.on.ca to find out more about signing up.
Apr 12 2018
Florida Gov. Rick Scott Announces Senate Run
Before the killings of 17 people at a Florida high school in February, Scott had an A+ rating from the National Rifle Association. Earlier this year, Scott's closeness to the president yielded for his state an exemption from plans to expand offshore drilling.
Apr 09 2018
Cricket memorabilia sells for thousands at auction
A range of Australian artwork also attracted high price tags, with various paintings selling for between $70,000 and $360,000. The pair sold for 10,000 Australian dollars, while Sotheby's had anticipated between 10,000 and 15,000 Australian dollars.
Apr 09 2018
Trump says Amazon to get a 'serious look'
The stock dispatched 20.56% performance during the quarter and performance arrived at 51.68% over the last six months. They have fallen as much as 10% in recent weeks as the president has stepped up his attacks on the e-commerce giant.
Apr 08 2018
Salman Khan arrives in Mumbai, receives grand welcome by fans - See photos
A meeting was arranged in the visitor's room, where they had a chat for about half an hour. As per latest reports , the bail plea order pronouncement has now been pushed to 3 pm.
Apr 07 2018
MTV reboots 'Jersey Shore' with most of the original cast
Ronnie Ortiz-Magro is officially a dad. "I have a lot of younger sisters, and I feel like this girl is going to make me softer". A day before their bundle of joy's arrival, Jen documented her trip to the hospital on Instagram Stories .
Apr 06 2018
Here's how Donald Trump could have just helped Stormy Daniels' legal case
Ms Daniels claims she had a sexual encounter with the president in 2006 and was paid as part of a nondisclosure agreement she is seeking to invalidate.
Apr 06 2018
Migrants set for Rwanda freed after relocation deal collapses
Yahya Sinwar (in center, with binoculars), the political chief in Gaza for the Palestinian terrorist organization Hamas. President Donald Trump's December 6 decision to recognise Jerusalem as Israel's capital, and to move the U.S.
Apr 05 2018
Black Caps cling on for thrilling draw with England in second test
But Sodhi was determined on not giving up and he got an able partner in Neil Wagner who just blocked and blocked and blocked. Time ran out in the contest and New Zealand wrapped up what was only their fourth series win against England in 36 attempts.
Apr 13 2018US Still Assessing Intel on Alleged Douma Chemical Attack - Mattis
Apr 13 2018Sanders slams Trump's proposal to rejoin Trans-Pacific Partnership
Apr 12 2018Real Offer Cash Plus Player For Salah
Apr 11 2018Cosby defense lawyer launches fierce attack on accuser
Apr 10 2018Guardiola: City need to perform the 'perfect game'
Apr 10 2018India to decide on action against Facebook, Cambridge Analytica
Apr 08 2018Tour bus crashes on way to Masters Tournament; driver facing DUI charge
Apr 06 2018Tony Finau in second place after round one of the Masters
Apr 05 2018Ravens agree to deal with QB Robert Griffin III
Apr 05 2018Rams plan to sign Brandin Cooks to extension before season starts
Apr 12 2018Colombia: FARC Warns Peace Deal at 'Most Critical Point' After Leader Arrest
Apr 12 2018Alleged Toronto serial killer now charged with seven counts of first-degree murder
Apr 12 2018Walmart Brings Online Grocery Deliveries to Charlotte, NC
Apr 11 2018Hungary: Independent Media, Freedom of Expression Struggle Following Viktor Orban's Re-Election
Apr 11 2018Mega Man X Legacy Collection Confirmed As Two Releases
Apr 10 2018Brock Lesnar Resigns With WWE, Steel Cage Match Announced
Apr 09 2018IPL 2018: KKR to take on RCB in Kolkata Sunday
Apr 08 2018Jury picked for Cosby's sex assault retrial
Apr 07 2018Mack Horton claims Australia's first gold medal
Apr 07 2018Quick start sends Minnesota Duluth to Frozen Four final
Apr 07 2018Body Of CDC Researcher Who Had Disappeared Is Found
Apr 05 2018Judge rips Manafort's lawsuit to rein in Mueller