Mothercare to close 50 outlets and reinstate ousted CEO

Mothercare to close 50 outlets and reinstate ousted CEO

Mothercare to close 50 outlets and reinstate ousted CEO

Mothercare is to close 50 stores and bring back its former chief executive – who was sacked only last month – under a rescue plan designed to secure the future of the struggling childrenswear and maternity retailer. The group said Mark Newton-Jones ...


The Guardian
Mothercare confirms 50 store closures

Mothercare has confirmed it is closing 50 stores as part of a rescue plan, a move that will put 800 jobs at risk. The baby products retailer, which said it was in a "perilous" financial position, has also agreed a rent cut with landlords for 21 of its ...


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