UAE closes 43 stores for the "Toy Store" chain

Gulf Greeting General Trading sent a letter to suppliers last Friday, stating that it had halted operations with immediate effect and closed its stores, which are 8 The Toy Store and 35 gift shops. The Hallmark Greeting Cards.

suppliers said they had not received payments for debts accrued to the retailer, Gulf Greeting, which was famous for its Hallmark greeting card stores and Toy Store. Together, they occupy about 125,000 square feet in malls and other locations, according to the company's website on LinkedIn.

The company started its business 30 years ago and has nearly 400 employees and distribution centers in all the Arab Gulf states, but on Friday it sent an email to its suppliers announcing the end of a march that extended Surprisingly 30 years old.

The message adds: It is with great regret, due to inevitable and unprecedented circumstances, that Gulf Greetings General Trading Company Limited was forced to close and cease its operations with immediate effect.