Toys R Us UK 'to collapse into administration in days'
According to Sky News, the struggling business is likely to be declared insolvent on Tuesday morning - barring the emergence of a last-minute financial package to keep it afloat.
The firm's 3,200 workers face an uncertain future.
Toys R Us UK operates a store at Chesterfield's Spire Walk Retail Park
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Hide AdThe company has been searching for a buyer for the last month after weak Christmas trading which has left it with little hope of paying a £15million VAT bill due on Tuesday.
In December, the business announced plans to shut 26 of its 105 UK outlets.