This ad will be closed automatically in X seconds.

Brace of Mothercare stores set to close in 2019

Baby and maternity retail group Mothercare has started 2019 with a brace of store closure announcements and closing down sales.

Mothercare will be closing down 60 ‘underperforming’ stores in all, with stores in Denton, Exeter, Maidstone, Salisbury, Stockport, Newport, Yeovil and Clacton all on the list.

A extensive closing down sale was launched across many of these stores in December, offering consumers significant reductions, and will continue until all the stock is gone.

The store closures are being carried out through a company voluntary arrangement (CVA), which allows companies to close loss-making shops and secure rental discounts.

For the half-year to 6 October 2018, the retailer reported a pre-tax loss of £14.4million
. In November, it claimed that negative press coverage over the past year had damaged its brand, causing UK sales to decline.

Gemma Stokes, marketing manager at Bluebell, looks at tech within the nursery sector....
657,076 babies were born in England and Wales in 2018 according to the Office for National Statistics....
Europe's leading nursery and preschool trade show has revealed its latest event programme....
Show will take place on April 21-22 at Cranmore Park with a theme of wooden toys....
Partnerships with Play-Doh and Doodle Education further boost preschool brands....
Trump administration delays imposing 10% tariff on most toys to December 15....
Get the latest news sent to your inbox
Subscribe to our daily newsletter