Retail

Despite concerns surrounding the demise of Toys R Us, consumers have spent more money on buying toys during what has been described as ‘the most turbulent period in living memory in the toy business.’

MMP Living already works with a number of toy companies in the UK and Irish markets including DKL Marketing, Tobar and Aurora World.

Sambro has teamed up with Eurotrade to host the North West's biggest trade event.

The deal between the UK’s second and third largest supermarket chains would create a new group with huge share of the market in food, clothing, household goods and toy retailing.

“We look forward to building for the long-term and allowing the Toys R Us team in Canada to re-invest in the business instead of the past history of just sending earning to the US.”

Mattel has stated that the liquidation of the US toy retailer has presented a ‘near term challenge’ to the company that welcomed in its new chief executive this week.

However, the amount fails to cover total trade claims, worth roughly $760 million, said lawyers representing trade vendors as a US Bankruptcy Court in Richmond.

C. Banner – best known in China for selling footwear – took its first steps in Britain three years ago with a £100 million swoop on Hamleys, the 256-year-old toy shop.

After six years leading the business, Alan Parker will be replaced by Clive Whiley who will act as interim executive chairman.

The family-owned Smyths will acquire 93 shops and four online stores via the planned deal.