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Why did Mike Ashley let House of Fraser go bust first? The secret behind pre-pack administrations

why did mike ashley let house of fraser go bust first? the secret behind pre-pack administrations
Ailing department store House of Fraser went into administration on Friday – but it was not to suffer the same fate as fallen High Street counterparts Toys R Us, Maplin or Poundworld.
MailOnline Also reported by •thisismoney.co.uk

123 Toys R Us stores hitting the auction block this week, including 2 in North Carolina

More than a hundred Toys 'R' Us and Babies 'R' Us retail locations will be auctioned off this week, including two in North Carolina. New York-based real estate brokerage group A&G Realty Partners will..
bizjournals

Videos for "Toys R Us"

Toys R Us' Bankruptcy Hurt Jobs Report [Video]Toys R Us' Bankruptcy Hurt Jobs Report

Toys R Us' Bankruptcy Hurt Jobs Report

Wochit Business -

Toys Toys "R" Us Stores Going Up For Auction

Toys "R" Us continues to fade away like a victim of the Thanos Snap, after closing its doors earlier this summer. Now comes a report that over 120 Toys "R" Us and Babies "R" Us stores are going up for..

Wochit -

Mattel to Lay Off 2,000 Workers After Disastrous Quarter [Video]Mattel to Lay Off 2,000 Workers After Disastrous Quarter

Toys R Us' bankruptcy seems to be having a domino effect on toy makers. Here's how much the retail store impacted Mattel's sales.

GOBankingRates -

Mattel To Cut 2,200 Jobs, Blames Toys 'R' Us For Lost Revenue [Video]Mattel To Cut 2,200 Jobs, Blames Toys 'R' Us For Lost Revenue

The El Segundo toymaker is trying to slash at least $650 million in costs. Jeff Michael reports.

CBS2 LA -

Mattel To Cut 2,200 Jobs [Video]Mattel To Cut 2,200 Jobs

The El Segundo toymaker blames its lost revenue on the closing of Toys "R" Us. Diane King Hall reports.

CBS2 LA -

Nasdaq snaps 3-day losing streak [Video]Nasdaq snaps 3-day losing streak

Climbing Treasury yields lifted financial stocks that drove the S&P 500 and Nasdaq higher on Monday. After the bell, Alphabet wowed Wall Street with its results. Fred Katayama reports.

Reuters Studio -

 

J.C. Penney to Stock 500 Shops With More Baby Products

J.C. Penney Co. Inc. will stock 500 shops with more baby products at outlets in the vicinity of stores shut by Babies 'R' Us, taking advantage of the recent collapse of parent Toys 'R' Us.
Newsmax

We don’t need a new ‘Amazon tax’ to save the high street

we don’t need a new ‘amazon tax’ to save the high street
Philip Hammond, Britain’s Chancellor of the Exchequer, wants to save the UK’s embattled high street. To do that, he’s proposing a tax on online retailers. Hammond hasn’t revealed any details,..
The Next Web

Hammond mulls 'Amazon tax' to counter high street woes

hammond mulls 'amazon tax' to counter high street woes
Chancellor Philip Hammond has said he is considering a new tax for online businesses in recognition of the challenges faced by high street retailers.  Hammond told Sky News he believed "the nature..
City A.M.

The Death of Toys R Us Didn't Kill the Toy Business After All

Toy sales were up by a healthy percentage in the first half of the year.
Motley Fool

House of Fraser - what went wrong?

house of fraser - what went wrong?
The retail sector has been brutal this year. Companies as varied as East, Maplin and Toys R Us have called in the administrators so far and today one of the UK's most iconic retailers has been forced..
City A.M.

J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.
Reuters Also reported by •Reuters India

Toys 'R' Us Settlement With Creditors Wins Court Approval

A compromise among Toys “R” Us Inc., its lenders and creditors has won court approval, making way for creditors to receive at least 22 cents on the dollar.
Wall Street Journal

Yiwugo.com Took its Merchants to Attend SourceDirect at ASD

yiwugo.com took its merchants to attend sourcedirect at asd
YIWU, China, Aug. 8, 2018 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, took its merchants to attend..
PR Newswire Asia

Markets Right Now: Stocks open lower on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening slightly lower on Wall Street as the market gives back some of its gains from the week..
SeattlePI.com

Hasbro Is Proving There's Life Beyond Toys R Us

The toy maker's second-quarter report wasn't nearly as bad as people expected.
Motley Fool

Toys R Us bankruptcy puts a dent in July job report

Observers say the Toys R Us bankruptcy was a reason the U.S. economy didn't add as many jobs as expected in July. "I blame it on Toys R Us," Grant Thornton Chief Economist Diane Swonk told CNBC. Toy's..
bizjournals

U.S. Toy Industry Grows its Sales by 7 Percent in the First Half of 2018, Reports The NPD Group

Extinct Reptiles and Mythical Animals in the Spotlight this Holiday PORT WASHINGTON, N.Y. (PRWEB) August 06, 2018 The U.S. toy industry grew its dollar sales by 7 percent to $7.9 billion in the..
PRWeb

High street meltdown puts Birmingham more stores under threat including Debenhams and M&S

high street meltdown puts birmingham more stores under threat including debenhams and m&s
Maplin and Toys R Us have gone and House of Fraser and IKEA will soon follow - but could more high street names be in trouble?
Tamworth Herald

What you need to know on Wall Street today

what you need to know on wall street today
*Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.* *Wall Street..
Business Insider

Toys 'R' Us Job Carnage Puts Drag on July Payroll Figures

The toll of one of the largest U.S. retail failures is evident in July employment statistics, which were dragged down by the collapse of Toys "R" Us.
Newsmax

Walmart is building a home for grocery-shopping robots next to one of its stores — and it offers a glimpse into the company's automated future (WMT)

walmart is building a home for grocery-shopping robots next to one of its stores — and it offers a glimpse into the company's automated future (wmt)
· *Walmart will soon start using automated robotic carts to pick and pack shoppers' online grocery orders. * · *The company is building a 20,000-square-foot extension to one of its stores in Salem,..
Business Insider

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