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05 November 2019 10:35

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  • The company has tried and failed to remain profitable in the changing retail climate.

The company has tried and failed to remain profitable in the changing retail climate.

mothercare

UK high street crisis as almost 1,000 shops close down in last 2 years It is thought 79 Mothercare stores will close across the UK, and the company will cease trading online. When will Mothercare stores close? The company has released no timeline for closures, but the branches are expected to shut when stock is sold off. The company has tried and failed to remain profitable in the changing retail climate. The brand said: "It has become clear the UK retail operations...

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Mothercare latest: 79 stores will shut - when will your local shut down?

are not capable of returning to a level of structural profitability and returns that are sustainable." READ MORE: Mothercare losses rise 20 percent to £87.3million as UK shares fall