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Why did Mike Ashley let House of Fraser go bust first? The secret behind pre-pack administrations

why did mike ashley let house of fraser go bust first? the secret behind pre-pack administrations
Ailing department store House of Fraser went into administration on Friday – but it was not to suffer the same fate as fallen High Street counterparts Toys R Us, Maplin or Poundworld.
MailOnline Also reported by •thisismoney.co.uk

Hammond mulls 'Amazon tax' to counter high street woes

hammond mulls 'amazon tax' to counter high street woes
Chancellor Philip Hammond has said he is considering a new tax for online businesses in recognition of the challenges faced by high street retailers.  Hammond told Sky News he believed "the nature..
City A.M.

Videos for "Toys R Us"

Toys R Us' Bankruptcy Hurt Jobs Report [Video]Toys R Us' Bankruptcy Hurt Jobs Report

Toys R Us' Bankruptcy Hurt Jobs Report

Wochit Business -

Toys Toys "R" Us Stores Going Up For Auction

Toys "R" Us continues to fade away like a victim of the Thanos Snap, after closing its doors earlier this summer. Now comes a report that over 120 Toys "R" Us and Babies "R" Us stores are going up for..

Wochit -

Mattel to Lay Off 2,000 Workers After Disastrous Quarter [Video]Mattel to Lay Off 2,000 Workers After Disastrous Quarter

Toys R Us' bankruptcy seems to be having a domino effect on toy makers. Here's how much the retail store impacted Mattel's sales.

GOBankingRates -

Mattel To Cut 2,200 Jobs, Blames Toys 'R' Us For Lost Revenue [Video]Mattel To Cut 2,200 Jobs, Blames Toys 'R' Us For Lost Revenue

The El Segundo toymaker is trying to slash at least $650 million in costs. Jeff Michael reports.

CBS2 LA -

Mattel To Cut 2,200 Jobs [Video]Mattel To Cut 2,200 Jobs

The El Segundo toymaker blames its lost revenue on the closing of Toys "R" Us. Diane King Hall reports.

CBS2 LA -

Nasdaq snaps 3-day losing streak [Video]Nasdaq snaps 3-day losing streak

Climbing Treasury yields lifted financial stocks that drove the S&P 500 and Nasdaq higher on Monday. After the bell, Alphabet wowed Wall Street with its results. Fred Katayama reports.

Reuters Studio -

 

House of Fraser - what went wrong?

house of fraser - what went wrong?
The retail sector has been brutal this year. Companies as varied as East, Maplin and Toys R Us have called in the administrators so far and today one of the UK's most iconic retailers has been forced..
City A.M.

J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.
Reuters

High street meltdown puts Birmingham more stores under threat including Debenhams and M&S

high street meltdown puts birmingham more stores under threat including debenhams and m&s
Maplin and Toys R Us have gone and House of Fraser and IKEA will soon follow - but could more high street names be in trouble?
Tamworth Herald

Oldbury Toys R Us faces demolition to make way for new shopping development

oldbury toys r us faces demolition to make way for new shopping development
The store on Wolverhampton Road will be demolished to make way for new shops
Walsall Advertiser

Toys R Us facing bulldozers

A former Toys R Us in the Black Country – shut down after the toy chain collapsed – will be demolished under plans to make way for a new retail development.
Express and Star

Mattel disappoints with second-quarter results, announces job cuts

Mattel Inc's quarterly sales missed analysts' estimates on Wednesday, weighed down by the absence of a big movie tie-in in the quarter, while the liquidation of key customer Toys 'R' Us continued to..
Reuters

Mattel misses quarterly sales estimates, announces job cuts

Mattel Inc's quarterly sales missed Wall Street estimates on Wednesday, weighed down by the liquidation of key customer Toys 'R' Us and the absence of a big movie tie-in in the quarter.
Reuters

Marvel sales help Hasbro soothe Toys 'R' Us headache

U.S. toymaker Hasbro Inc beat expectations for quarterly profit and revenue on Monday as a jump in Marvel toy sales helped it recover ground lost in last year's Toys 'R' Us bankruptcy, sending its..
Reuters

Making The Dream Work: Buddy Interviewed

making the dream work: buddy interviewed
"I’m just performing and giving people energy..." It’s a warm afternoon in Austin, Texas, and on a quiet suburban street, Compton rapper *Buddy* is showing off his handles with a “Jet Life”..
Clash

Hasbro results beat as toymaker moves past Toys 'R' Us collapse

Toymaker Hasbro Inc topped Wall Street estimates for profit and revenue in the second quarter as it emerged from the worst effects of last year's Toys 'R' Us bankruptcy, sending its shares up nearly 12..
Reuters

Toymaker Hasbro's quarterly revenue, profit top estimates

Toymaker Hasbro Inc topped Wall Street estimates for profit and revenue in the second quarter as it emerged from the worst effects of last year's Toys 'R' Us bankruptcy, sending its shares up nearly 7..
Reuters

Six Toys R Us stores fetch £30.5m as unnamed retailer scoops up three sites

six toys r us stores fetch £30.5m as unnamed retailer scoops up three sites
Six former properties of the bankrupted retailer Toys R Us have been sold in a deal worth £30.5m. An unnamed retailer has bought three of the properties, while Cardiff council, Plymouth council and..
City A.M.

Toys R Us workers press investors for hardship fund

Vornado spurns calls to compensate laid-off staff
FT.com

Carpetright, New Look, House of Fraser: Why 2018 is the ‘year of the CVA’

carpetright, new look, house of fraser: why 2018 is the ‘year of the cva’
A gale is blowing through UK high streets, and retail and restaurant chains are feeling the sting. In this cut-throat environment, Toys R Us, Maplin and Poundworld have all gone to the wall.
MailOnline Also reported by •thisismoney.co.uk

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