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...
Mothercare
Retailers Under Fire for Breaking Data Protection Rules with E-Receipts
In a recent study, consumer advice group Which? discovered that several major retailers may be breaking data protection rules...
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...
Mothercare Announces 10 More Store Closures and £32.5m Funding from Shareholders
Mothercare is set to close another 10 stores, bringing the total number of closures to 60, after its Childrens...
Retailers Under Fire for Misusing CVA Rent Reductions: BPF Calls for Government Review
In a recent statement, the British Property Federation (BPF) has expressed concerns over retailers misusing the Company Voluntary Arrangement...
Mothercare’s CVA Plan in Jeopardy Due to Vote Mishap
In a shocking turn of events, Mothercare's plan to save its Children's World company from financial troubles through a...
Mothercare Relegated from FTSE 100: Retailer’s Struggles Continue
Mothercare, struggling with financial troubles and forced to enter a CVA, has been removed from the FTSE 100 index....
Mothercare CEO Returns Amidst Restructuring Plan
In a surprising move, Mark Newton-Jones returns as CEO of Mothercare on a £480,000 salary, just a month after...
Mothercare Announces Store Closures and Restructuring Plan with £113.5m Refinancing Package
In a bid to save the struggling retail chain Mothercare, the company has announced a Company Voluntary Agreement (CVA)...