Mothercare collapses into administration – BBC News


Mothercare worker

Image copyright

Troubled retailer Mothercare has called in administrators, putting 2,500 UK jobs at risk.

The baby goods firm, which has 79 retail stores in the UK, has appointed administrators from PwC.

The UK firm “has been loss making for a number of years”, but international franchises are profitable, PwC said.

On Monday the baby goods firm said it was “not capable” of being sufficiently profitable and that it had failed to find a buyer.


Source link

Amid uproar over renaming Kalam award, Andhra govt says CM ‘did not know’ – india news

New findings from the field of Earth history are improving our grasp of climate mechanisms — ScienceDaily