Mothercare closes all its UK stores

Mothercare will close all its UK stores.

The administrators of the troubled mother and baby retailer said it will shut its 79 shops.

It puts 2,500 jobs at risk just weeks before Christmas.

The news came as the company held last-ditch talks with potential partners.

It had already raised £3.2 million from shareholders.

However, Zelf Hussain, of PricewaterhouseCoopers (PwC) said:

“It’s with real regret that we have to implement a phased closure of all UK stores.

“Our focus will be to help employees and keep the stores trading for as long as possible.

“This is a sad moment for a well-known high street name.”

 


About the Author

Philip Braund spent 16 years at the Daily Mirror as a reporter and news editor before moving to ITV. He was the series producer of the ground-breaking investigation programme The Cook Report, Managing Editor at ITV's Millbank Studios, and Head of News at ITV Central. He has won national and regional Royal Television Society awards for documentaries.



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