Toys R Us has staved off collapse after creditors backed a rescue plan for the UK retailer. It follows last-minute negotiations with the Pension Protection Fund (PPF) to secure a £9.8m injection into the company’s pension fund. (more….)
After a sad turn of events with retailer giant Toys R Us in the USA, it has just been announced that they will be closing one quarter of their retail locations in the United Kingdom. Our friends at Fantha Tracks have the full story.
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