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28/02/2018
Over 100 Jobs In NI At Risk As Toys R Us Enters Administration
Over 100 jobs in Northern Ireland are at risk after retailer Toys R Us has entered into administration.
Administrator Moorfields has been appointed to carry out a "wind-down" of the 105 store portfolio across the UK, however the firm said it is still seeking a buyer.
In total around 5,700 jobs are at risk in the UK.
Simon Thomas, Moorfields partner, said: "We will be conducting an orderly wind-down of the store portfolio over the coming weeks.
"We have informed employees about the process this morning and will continue to keep them updated on developments. We are grateful for the commitment and hard work of employees as the business continues to trade.
"We will make every effort to secure a buyer for all or part of the business."
(CD)
Administrator Moorfields has been appointed to carry out a "wind-down" of the 105 store portfolio across the UK, however the firm said it is still seeking a buyer.
In total around 5,700 jobs are at risk in the UK.
Simon Thomas, Moorfields partner, said: "We will be conducting an orderly wind-down of the store portfolio over the coming weeks.
"We have informed employees about the process this morning and will continue to keep them updated on developments. We are grateful for the commitment and hard work of employees as the business continues to trade.
"We will make every effort to secure a buyer for all or part of the business."
(CD)
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