Mothercare Sales Plummet 11.4% in Q3 Amid Store Closures and Restructuring
Embattled retailer Mothercare reports an 11.4% drop in UK like-for-like sales in Q3, citing a "difficult consumer backdrop" and...
CEO Mark Newton-Jones
Mothercare’s Revenues Drop 13% Amid Store Closures and Job Cuts
In Mothercare's half-year results, revenues dropped 13% to £295m, with worldwide sales down 9.8% to £566m. The British retailer...
Mothercare Slashes Head Office Jobs, Plans Store Closures Amidst Financial Struggles
Mothercare has laid off around 200 staff members from its head office as part of a cost-cutting measure aimed...