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Retail NI Comments on Toys R Us and Maplin

Responding to the news that Retailers Toys R Us and Maplin have both gone into administration, Retail NI Chief Executive Glyn Roberts said:

“With both Maplin and Toys R Us going into administration it is a sad day for the retail sector. With nine stores in Northern Ireland, between the two retailers, our thoughts are with the staff at this difficult time”

“The economic impact of this is much wider than just the nine stores. There will also be the reduction in footfall for neighbouring retailers which has to factored in”

“Both Maplin and Toys R Us faced the ever growing challenge of online retail and to some degree their product range was facing further competition from the big UK supermarkets and discounters stocking their product ranges at cheaper prices”