Mothercare has blamed greedy high-street landlords and the cash-strapped British consumer for its decision to close more than a quarter of its UK stores with the loss of 250 jobs.
The baby goods retailer said it would shut 110 stores and renegotiate rents on 40 more to focus on its international operations, where sales rose 16.3pc last year to £571m.
Read On
Saturday, May 21, 2011
Mothercare closes 110 UK stores to focus on Indian and Chinese babies
Tags:
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment