Mothercare Reveals Plans To Put UK Retail Business Into Administration, Putting 2,500 Jobs At Risk

The company currently has 79 stores in the UK.
|
Open Image Modal
Mothercare has revealed plans to put its UK retail business into administration
PA Wire/PA Images

Mothercare has announced plans to put its UK retail business into administration, putting 2,500 jobs at risk. 

The brand – which sells parent and baby products – currently has 79 stores in the UK. 

In a statement, Mothercare said it had undertaken a “root and branch review” of the company since May 2018. 

Through this process, it has become clear that the UK retail operations “are not capable of returning to a level of structural profitability and returns that are sustainable,” the notice said. 

“Furthermore, the Company is unable to continue to satisfy the ongoing cash needs of Mothercare UK.”