Mothercare

Mothercare CEO takes £132k pay cut and rejoins

Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated…

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Mothercare to shut 50 shops and restore CEO Mark Newton-Jones

Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…

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Mothercare to speed up store closures and job cuts

Mothercare have announced they are set to speed up the closure of stores and cutting of jobs, in order to…

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Shoppers seek overseas ecommerce to combat Brexit prices

A third of UK online shoppers have chosen to buy from abroad according to a survey by online shopping community…

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Mothercare chairman announces retirement

Mothercare, retailer for parents and young children, has announced that Alan Parker has retired from his position as non-executive chairman.…

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Mothercare reports drop in Q4 like-for-like sales

Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales…

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Mothercare latest to consider CVA store closures

Mothercare is reportedly considering the possibility of closing a third of its stores and reducing its rents through a Company…

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Sainsbury’s ‘considered’ Mothercare acquisition

Sainsbury’s considered acquiring embattled retailer Mothercare but decided against making an offer, it has emerged. According to the Press Association…

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Mothercare CEO shock resignation

Mark Newton-Jones abruptly resigned from the position of CEO of Mothercare this morning as the embattled retail chain seeks to…

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Mothercare appoints KPMG to avert collapse

Mothercare has called in accountants KPMG to handle its refinancing in order to avoid collapse. The childcare retailer appointed KPMG…

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