Rakuten Play.com is preparing to shut down its retail business.
The closure of the Jersey tax loophole last year has been blamed for the end of the online retailer as we know it.
Play.com has confirmed it will become a marketplace-only site from March 2013, allowing customers to sell goods via their site with Play taking a slice, similar to eBay or Amazon’s marketplace.
147 jobs have been lost in Jersey and a further 67 across its Cambridge and Bristol offices.
Play.com focused more on games, DVDs and music than toys, but it had a toy section (which currently has 226 products listed).
Source:
http://www.toynews-online.biz/news/37931/Playcom-closes-retail-business
