RETAILERS Toys R Us and Maplin, which both have stores in Bradford, have both gone into administration on the same day.

The two firms have been beset by problems and had rescue plans fall through, putting a total of 5,700 jobs at risk.

Electronics company Maplin, which has a store near Forster Square Retail Park in Valley Road has collapsed, putting 2,500 jobs at risk.

Its capitulation follows that of toy retailer Toys R Us, which went into administration earlier, affecting 3,200 jobs.

It had a £15 million tax bill and performed worse than expected over Christmas, and had already announced plans to close some stores, including the Bradford shop in Manningham Retail Park, to cut costs.

Toys R Us has a second store in the district, at Birstall Retail Park, and more than 100 stores in the UK and 1,500 worldwide.

Simon Thomas, Moorfields partner and joint administrator at Toys R Us, said: "We will be conducting an orderly wind-down of the store portfolio over the coming weeks.

"All stores remain open until further notice and stock will be subject to clearance and special promotions.

"We're encouraging customers to redeem their gift cards and vouchers as soon as possible.

"We will make every effort to secure a buyer for all or part of the business.

"Whilst this process is likely to affect many Toys R Us staff, whether some or all of the stores will close remains to be decided.

"We have informed employees about the process this morning and will continue to keep them updated on developments.

"We are grateful for the commitment and hard work of employees as the business continues to trade."

Maplin has more than 200 stores in the UK, and administrator PwC is still trying to find a buyer for the firm.

Graham Harris, Maplin chief executive, said: "I can confirm this morning that it has not been possible to secure a solvent sale of the business and as a result we now have no alternative but to enter into an administration process.

"During this process Maplin will continue to trade and remains open for business."

Mr Harris said the retailer has struggled to cope with the impact of the pound's drop in value after the Brexit vote, withdrawal of credit insurance, and a weak consumer environment.

"This necessitated an intensive search for new capital that in current market conditions has proved impossible to raise.

"These macro factors have been the principal challenge, not the Maplin brand or its market differentiation.

"We believe passionately that Maplin has a place on the high street, and that our trust, credibility and expertise meets a customer need that is not supported elsewhere," he added.

Do you work at the Maplin or Toys R Us stores and could be affected? Get in touch by emailing