Closing down sale at Mothercare in Peterborough

10 Novembre, 2019, 14:10 | Auteur: Auguste Feret
  • Closing down sale at Mothercare in Peterborough

The baby and maternity retailer says everything must go after it was confirmed the company has gone into administration and is closing all its remaining stores across the United Kingdom - with all stock discounted.

Mothercare is reassuring customers that the closing down sale that launched today is legitimate despite confusion.

Most of its stock has been dramatically reduced for the sale.

'Through this process, it has become clear that the United Kingdom retail operations of the group, which today includes 79 stores, are not capable of returning to a level of structural profitability and returns that are sustainable for the group as it now stands and/or attractive enough for a third party partner to operate on an arm's length basis.

A spokesman for Mothercare said: "This is a great opportunity for customers to pick up some fantastic deals as everything is reduced".

Customers can expect to find a huge range of discounts and bargains as all stock must go before the Romford store closure.

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Mothercare has been the UK's vary 1 retailer for prams, pushchairs, auto seats, new child clothes, maternity clothes, nursery furnishings, toys and presents and has been a staple on the upper avenue contemplating the truth that 1961. "We'd also like to thank our consumers in the local space for their historic help of the Mothercare model".

"This is a sad moment for a well-known high street name", said Mr Hussain.

While Mothercare's worldwide shops remain profitable, its United Kingdom division faced serious financial difficulties.

However, it is still holding discussions "to ensure that the group has an ongoing retail presence in the UK", the company said on Tuesday.

"The website will remain live until further notice and discounts will also be available online as long as the website is live".

Any products warranties or assures will remain legitimate and shoppers are inspired to invest any reward playing cards as shortly as probable.

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