Toy chain to shut down all 100 stores

Toys R Us is shutting all 100 of its UK stores, including ten in Scotland, after administrators failed to find a buyer of the collapsed retailer, resulting in the loss of 3,000 jobs. Branches at Craigleith Retail Park, Edinburgh and The Forge, Glasgow are among the Scottish stores set to close down.

The toy chain appointed Moorfields Advisory to oversee an administration at the end of February.

But staff were told yesterday that no buyer has been found and that all stores will close within the next six weeks.

Moorfields said a total of 75 shops, including ones in Edinburgh, Stirling, Glasgow and Dundee, would stay open “until further notice”, but would close within the next six weeks.

A total of 25 stores earmarked for closure in December as part of a Company Voluntary Arrangement (CVA) to save the firm – including branches in Aberdeen, East Kilbride, Kirkcaldy and Livingston – were all due to close by today.

A statement from Moorfields said that the administrators “remain open to interest from potential buyers for parts of the business”, but added that 67 people had been made redundant at the company’s head office in Maidenhead.