Mothercare has been left with a £10 million debt shortfall after funds raised from clearance sales were "behind expectations".
Mothercare chief executive Mark Newton-Jones has today stepped down as part of the retailer's “transformation plans”
: John Lewis & Partners and the National Childbirth Trust link up to support parents-to-be.
Mothercare has signed a deal with Boots to make sure its products will still be sold in the UK after all its stores close down.
Mothercare has reported another set of losses and declining sales in its half year report.
Mamas & Papas has announced store closures and job cuts after it was sold in a pre-pack administration deal.
Mothercare has announced it will be launching a closing down sale this Friday with nearly all products “dramatically reduced”
// Mothercare has officially appointed administrators for its UK retail business // Around 2800 jobs will be affected as 79 UK stores are confirmed for...
Mothercare has announced that it will file notices of intent to appoint administrators with the court today.
Founded by Selim Zilkha & Sir James Goldsmith in 1961, Mothercare was once the trusted choice for expectant mothers.