In 2012 TV1 announced a restructure retrenching several of its executives. Economic pressures forced three years of retrenching. Toys "R" Us retrenching from the US market due to their own financial struggles. Retrenching, Stagecoach sold its companies in New England to Peter Pan Bus Lines. Instead of retrenching, the hotel expanded to include the 'Stanley Street Wing'. The mine went into care and maintenance shortly after that retrenching 150 employees.