TOYS R Us will shut all of its UK stores after administrators failed to find a buyer for the collapsed retailer, resulting in the loss of 3,000 jobs.

The toy chain appointed Moorfields Advisory to oversee an administration at the end of February.

At the start of the month we also revealed how the Gemini store was holding a closing-down sale. More here.

But today, Wednesday, staff were told that a buyer hasn't found for Toys R Us and that all stores will close.

It is thought that Moorfields will now begin a six-week ‘wind down’ of the stores.

Moorfields will begin with the closure of at least 26 loss-making stores earmarked late last year, when Toys R Us pushed through a restructuring before its demise.

An official announcement is expected later today, Wednesday.

Toys R Us is one of the nation's biggest toy retailers, employing more than 3,000 across 100 stores in the UK.

Moorfields said at the time of the chain's collapse that it is making 'every effort' to secure a buyer for all or part of the business, but no suitor materialised.