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Mothercare UK collapse into administration

6 November 2019

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UPDATE 6/11/2019

Mothercare UK has gone into administration, with the closure of all its 79 UK stores. 2500 jobs are to be lost.

Administrators from PricewaterhouseCoopers were called in on Tuesday to assess the UK trading arm and Mothercare business services. 

Mothercare has already closed many shops via a Company Voluntary Arrangement process last year and it also sold its Early Learning Centre brand to the Entertainer which has a string of successful toy stores. Mothercare UK has not been making money for around 10 years, so it is not actually that surprising that the main company has decided that it is the end of the road.

Mothercare's overseas operations which consists of over 1,000 stores in more than 40 countries, generating over £500m in revenue are excluded from this restructuring plan.

Richard Lim, CEO at retail economics said ''As competition has become fiercer they have been beaten on price, convenience and the overall customer experience. Put simply, they have been left behind in today's rapidly evolving market and the board has been unable to restructure the business fast enough to cope with a new retail paradgim that has emerged.''

It is said that the stores will be undergoing a phased closure in the coming weeks and months. Of course, the focus in the meantime will be on the employees and keeping the stores trading for as long as is possible. 

See the full list of closures below:

Aberdeen

Aintree

Aylesbury

Basildon

Basingstoke

Brent Cross

Bristol

Bromborough

Canterbury

Cardiff

Chelmsford

Chester

Croydon

Culverhouse Cross

Dartford

Derby

Dudley

Dundee

Eastbourne

Edinburgh

Edmonton

Falkirk

Gateshead

Glasgow

Gloucester

Greenwich

Havant

Harlow

Harrow

Hayes

Huddersfield

Huntington

Ipswich

Kingston Upon Hull

Kingston Upon Thames

Leamington Spa

Leeds

Leicester

Lincoln

Lisburn

London

Manchester

Milton Keynes

Newry

Newtonabbey

Northampton

Norwich

Nottingham

Orpington

Peterborough

Plymouth

Poole

Prescot 

Preston

Reading

Romford

Rugby

Sheffield

Solihull

Slough

Stevenage

Stoke On Trent

Stratford

Southampton

Swansea

Swindon

Tamworth

Taunton

Telford

Torquay

Truro

Wakefield

Warrington

Watford

West Thurrock

White City

Wood Green

Worcester

If you are an employee of the business and likely to be affected by the administration then view our video below about your rights

 

Categories: Retail, What is administration

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