Sales On Slide at Mothercare

Daily PostJuly 15, 2011

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Summary


MOTHERCARE delivered more downbeat UK trading figures yesterday as the chain begins the task of slashing the size of its high street estate.

The group, which has stores across North Wales, said like-for- like sales were down 4.3% in the 15 weeks to July 9, despite the same period a year earlier showing a decline of 4.1%.

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Extract


Sales On Slide at Mothercare

Chairman Ian Peacock said trading conditions were "difficult and competitive" but insisted the company's pl...

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