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The Guardian - UK

Business

Sarah Butler

The Entertainer founder to hand over UK’s biggest toy shop chain to staff

The Entertainer Entertainer Gary Grant United Kingdom Andrew Murphy

People walk in and out or past The Entertainer shop in Ipswich , Suffolk. — The transfer means The Entertainer’s 1,900 staff will get a share of the profits and a say in how the firm is run. Photograph: TMO Buildings/Alamy

The family behind Britain’s biggest toy shop chain, The Entertainer, is handing over ownership of the business to its 1,900 employees.

The retailer, which also includes the Early Learning Centre and Addo brands, will be transferred into a trust by the end of September, with payments to the family coming out of future profits. The valuation of the company has not been revealed.

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