BBC News School Report @ LCS

Toys R us getting rid of as much as posible before their closure.

After weeks of trying to save the giant toy store Toys R Us, owners have now had to close its doors forever.The closure of 75 stores, with 25 stores having immediate closure, will cause 3,000 workers across the country to lose their jobs. Lose their jobs by the end of April.The first UK store opened in 1985 where lots of children would go to get amazing toys! 70 years later, Toys R we selling toys are coming to the end.

Online shopping is being blamed for the closure of Toys R Us with a variety of competition from many different toy store that are difficult to compete with.Toys R Us doesn’t have enough money to keep the stores open and running. The business was bought in 2005 with 5billion dollars dept., with interest payment reaching 400 million dollars a year.The world as become more advanced in technology which is appealing for the younger generation. Toys R Us as not been said to be good at selling modern day gadgets as in other stores.