In 2017, retail took a hit with once-prominent retailers including Toys 'R' Us, Radio Shack, hhgregg, The Limited and Payless, declaring bankruptcy and shuttering stores. One bright spot was.. bizjournals
Toys R Us' executives and many of its employees will say goodbye to their jobs on Monday, as they leave their posts.
This includes CEO David Brandon who will reportedly leave with $2.8 million.. Source: Wochit -
Toys R Us may be just a memory for most of us, but 11-year-old Blue Martin is keeping it alive at home. Blue, who has autism, loved walking down the aisles of his local store, and he was the last.. Source: InsideEdition -
Next is taking a stand against a wave of rent cuts handed out to its high street peers by demanding equal treatment from landlords.
Following a series of company voluntary arrangements (CVAs) in the.. City A.M.
Profits may be sliding but a recent rally in the share price suggests some investors believe the retailer will weather the worst of the malaise that has hit the likes of Toys R Us and Mothercare. MailOnline
(Reuters) - The U.S. toy industry looks set for a flurry of mergers and acquisitions between smaller toy makers in the aftermath of the Toys 'R' Us bankruptcy, as they seek more scope and negotiating.. Reuters
People from around the world have been sharing the reasons why they've been kicked out of public places, including the couple who were asked to leave Toys R us for jousting with pool floats. MailOnline
Many have blamed Amazon for what’s looking like the decimation of our high streets.
We’ve watched Mothercare go through some major c-suite manoeuvres and announce store closures in a bid to.. City A.M.
It is set to be another busy week for the UK's embattled retail sector, as both Burberry and Mothercare report annual results.
Luxury brand Burberry is expected to report near-flat annual revenues.. City A.M.
American private equity group TPG has put discount chain Poundworld up for sale, ditching a planned restructure and creating renewed uncertainty for the company’s future.
TPG bought a majority.. City A.M.
You can understand everything that is wrong with the UK labour market by the news this week that BT is cutting 13,000 jobs over the next three years.
The telecoms giant is axing 12 per cent of its.. City A.M.
House of Fraser lost nearly £44m in 2017 as sales at the high street retailer plummeted.
The department store's new Chinese owner C. Banner said sales fell 6.3 per cent to £787.8m, reversing a.. City A.M.
Demand for retail staff has seen a significant dip in light of the high street crisis that has seen a slew of firms close stores or restructure.
The findings were unveiled in the Recruitment and.. City A.M.
The number of M&A deals in the UK's retail sector jumped 15 per cent in the last year, although the value of all activity took a 16 per cent dive.
Retailers have taken a battering in the start of.. City A.M.
The number of retailers in financial distress has rocketed by 21 per cent compared to the same period last year, as nearly 43,000 businesses struggle to balance the books.
Of the 42,948 businesses.. City A.M.
Poundworld has become the latest retailer to consider store closures and rent reductions.
Some 100 stores could be shuttered under new plans, according to Sky News. The retailer is set to follow the.. City A.M.
Smyths has 110 stores across the UK and Ireland and plans to keep on all Toys R Us’s staff and management. The retailer was founded by four brothers in 1986 who continue to run it. MailOnline Also reported by •thisismoney.co.uk
(Reuters) - Toys 'R' Us will set aside about $156 million to pay vendors for toys and merchandise shipped after the U.S. retailer's Chapter 11 bankruptcy filing last September, a lawyer for the company.. Reuters