
Gary Grant, the founder and executive chairman of The Entertainer, has announced he is handing over full ownership of the multi-million pound toy chain to his employees.
According to reports, the 66-year-old, who opened the business's first shop with his wife Catherine in 1981, is transferring 100% of the company into an employee ownership trust, giving around 1,900 staff a direct stake in the future of the retailer.