Sunday, September 22, 2019

Mothercare reveals 2.8% drop in Q4 sales

Mothercare this morning revealed a 2.8 per cent drop in like-for-like sales for its final fiscal quarter to March 24.
Mothercare CVA

Mothercare eyes possible CVA & closure of 1/3 of stores

Mothercare is reportedly mulling the possibility of entering a CVA as it looks to reduce costs by shutting 1/3 of its stores.
Mothercare full year update

Mothercare CEO forced out as David Wood takes the reigns

Embattled maternity and baby retailer Mothercare has announced that former Kmart president David Wood will become its new CEO.
Mothercare update

Mothercare’s financial covenant tests deferred

Mothercare's lenders have agreed to defer the testing of its financial covenants as it continues to grapple financial turmoil.

Fund managers are slashing their stakes in Mothercare

Fund managers are reportedly slashing their stakes in Mothercare in the clearest sign that they are losing hope the retailer
Mothercare update

Mothercare shares slide 14% after warning on financial covenants waivers

Shares in Mothercare have taken a hit after the retailer warned downgraded its profits forecast.
Mothercare Christmas

Mothercare issues profit warning after plummeting Christmas sales

Mothercare has issued a profit warning after a dire performance in in the UK during the run-up to Christmas.
mothercare half year

Mothercare goes into the red as losses deepen

Mothercare's finances have taken a dramatic turn as it plunged into loss during its half year, despite a rise in like-for-likes in its UK market.

Mothercare to make 200 jobs redundant amid restructure

Mothercare is eyeing the possibility of making up to 200 roles redundant at its UK head office amid a restructure, according to Drapers.
mothercare half year

Mothercare chief customer officer Andy Harding quits after just two months

The chief customer officer of Mothercare has quit the retailer after just two months in the role.

Feature Resource

Why should you focus on the point of sale?

Because 65% of purchasing decisions are made at the POS! Visibility is the key factor for decisions at the Point of Sale! Hence - SHOPPERS...