Toys R Us: Everything you need to know about it going in to administration

Nationwide toy shop, Toys R Us, went into administration at the end of last month, but what does that mean for employees and shoppers?

Nationwide toy shop, Toys R Us, went into administration at the end of last month, but what does that mean for employees and shoppers?

Here's everything you need to know about the company's insolvency.

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When did Toys R Us go into administration?

Toys R Us have announced that the majority of their UK stores will close - some without any notice (Photo: Shutterstock)
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The UK division of Toys R Us officially went into administration on 28 February 2018.

The announcement came after the company had already made plans to close 25 of its 106 stores across the country this spring.

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Toys R Us gift cards are no longer being accepted in stores

Will all stores close?

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On 2 March it was announced that the majority of Toys R Us branches in the UK will close down, possibly without any notice.

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It has since been revealed that all stores will cease trading within the next six weeks, after attempts to find a buyer have failed.

How many jobs are at risk?

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It has been reported that 3,200 jobs are in jeopardy as a result of imminent store closures.

Toys R Us have announced that the majority of their UK stores will close - some without any notice (Photo: Shutterstock)
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Will there be a sale?

A huge clearance sale has been announced, with many toys at 25 per cent off their usual price in stores.

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The toy retailer are still trading online as normal, while stocks last (Photo: Shutterstock)

Can I still use Toys R Us gift cards?

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The business are no longer accepting gift cards - the last day to spend them was Sunday 11 March.

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Can I still shop online?

Trading will continue as normal online until further notice. Toys R Us have stated that all existing orders will be fulfilled, subject to stock availability.

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Can I refund or exchange past purchases?

The company have clearly stated that no exchanges for non-faulty items will be given, and they are unable to grant refunds.