News

Toys "R" Us are liquidating all US stores

Next up on the liquidation chopping block, Toys 'R' Us. The toy retailer has decided to close down and liquidate all their United States locations. The toy retailer’s CEO David Brandon, told employees on Wednesday about the company's plan to liquidate all of its U.S. stores. The information broke when the Associated Press got access to an audio recording of the meeting. The US is home to 740 Toys 'R' Us stores, and roughly 30,000 employees will be let go as a result of the closures.

Loblaws has been demanding additional ID for their $25 cards

Back in December it was revealed that Loblaws had been part of a price fixing scheme that spanned well over a decade. To make up for their wrongdoing, the company decided to give their customers a $25 gift card. To obtain that gift card, you had to fill out a form online saying you bought a specific brand of bread, give them your name, mailing address, and phone number. Six weeks or so following, you would get your card.