The entire Toys R Us UK store portfolio is expected to close in the next six weeks after the retailer collapsed into administration last month, with reports suggesting this evening all US stores are also set to close or be sold.

Administrators Moorfields were appointed to wind down the UK arm of the retailer on Feb 28 but it has failed to attract a buyer for its 100 UK stores.

Toys R Us has already recently closed or is due to shut 25 of its shops by Thursday, as part of the proposals put forward in the company’s company voluntary arrangement, which was approved in December 2017.

The administrators said they "remain open to interest from potential buyers for parts of the business, but it has been necessary to make a total of 67 redundancies at the company’s head office in Maidenhead earlier today".