On Friday, December 21, TOP-TOY’s creditors and the court approved the overall plan for the restructuring of TOP-TOY.
The approval means that TOP-TOY can continue it’s focused efforts to become a healthy and profitable business.
The company has now been given 6 months to implement the plan, which among others includes the closing of unprofitable stores starting early 2019.
Customers will not experience any changes in the stores. Neither will any consumer rights be affected by the restructuring process.