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.
Mega Man X Legacy Collection Confirmed As Two Releases
Mega Man X Legacy Collection 1 and 2 will release on PC, PS4, Switch and Xbox One July 24 digitally for $19.99 each. With additional leaderboard support, you'll be able to compare your best time and see how you stack up!
IPL 2018: KKR to take on RCB in Kolkata Sunday
The interesting episode of the game, the turning point, arrived in the 15th over of Royal Challengers Bangalore's innings. As many as 16 runs were leaked in the final over by Karnataka pacer Vinay Kumar who had a forgettable comeback for KKR .
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.
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
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.
Apr 13 2018
US Still Assessing Intel on Alleged Douma Chemical Attack - Mattis
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Apr 12 2018
Alleged Toronto serial killer now charged with seven counts of first-degree murder
The 66-year-old landscaper appeared by video in a Toronto courtroom this morning, where the new charge was announced. Investigators believe McArthur met his modern-day victims in Toronto's Gay Village neighborhood through dating apps.
Apr 12 2018
Walmart Brings Online Grocery Deliveries to Charlotte, NC
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Apr 10 2018
Alleged Chemical Attack 'will Be Met Forcefully'
He also told the Security Council that Russian Federation had warned of "grave repercussions", if Syria was attacked. At the same time he wants to make sure Assad is deterred from chemical weapons attacks on innocent civilians.
Apr 10 2018
Guardiola: City need to perform the 'perfect game'
Liverpool will be going to the Etihad with a three-goal advantage as they beat Manchester City at Anfield by a three-goal margin. Usually, when they go a goal or two up, they can just dictate the game, set the tempo and get their players on the ball.
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 07 2018
Body Of CDC Researcher Who Had Disappeared Is Found
Police and the CDC released conflicting information about Cunningham in the days after his disappearance. When he left work later in the day, it was the last time he was known to have been seen alive.
Apr 05 2018
Judge rips Manafort's lawsuit to rein in Mueller
Jackson did not say when she would issue a ruling on the matter, but said she has taken it under advisement. The Ukrainian connections and payments form the basis of the federal criminal charges Manafort now faces.
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