Mothercare UK administration plan threatens 2,500 jobs
Image copyright Newscast
Baby goods retailer Mothercare has said it plans to call in administrators to the troubled firm’s UK business, putting 2,500 jobs at risk.
Mothercare said its 79 UK stores were “not capable of returning to a level of structural profitability and returns that are sustainable for the group”.
“Furthermore, the company is unable to continue to satisfy the ongoing cash…
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