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Toys Were Us

Mar 01, 2018 - City A.M.

[Re: Toys R Us has fallen into administration] Toys R Us has officially entered administration, with stores to remain open for the time being. The company failed to adapt and was stuck with a large portfolio of large warehouse www.shops.No experience for customers, no compelling online presence. A £15m VAT bill did for Toys R Us in the end after another poor Christmas, but it was a systemic failure to move with the changes in the retail sector that really did for it. Maplin has also gone into a...