Munster toy shops set to close with loss of 70 jobs

THE credit crunch has forced a family-run company founded almost a century ago to close four of Munster’s leading toy shops, with the loss up of up 70 jobs.

Monument House, based in Mallow, Co Cork, was placed into voluntary liquidation on Saturday, resulting in the closure of Murphy’s World of Wonder shops in Mallow, Midleton, Fermoy and Blackpool.

Up to 30 people employed as of Saturday have lost their jobs. But the company also employed a further 40 seasonal workers.