Retail news
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BRC reveals "biggest ever" drop in sales
- Posted:
- 12 April 2011 09:28
More evidence of the crisis on the UK high street emerged today after the British Retail Consortium (BRC) revealed the biggest sales drop in its history.With consumers reining in their spending on all but essential purchases, the BRC said total sales in March were down 1.9% on a year ago ...read more
Mothercare hit by competition
- Posted:
- 31 March 2011 10:06
Mothercare today said UK sales remained in the red and revealed profit margins were taking a bigger-than-expected hit as it struggles amid stiff competition. The babycare chain said UK profit margins for the past year were down 2.5% against the 2% fall previously expected. UK like-for-like sales were down 2.4% in its ...read more
Big freeze hits Mothercare profits
- Posted:
- 06 January 2011 09:39
Retailer Mothercare today warned it will miss profit hopes after the big freeze prevented shoppers reaching its out-of-town stores.The chain, which has 377 UK stores, said toy sales were particularly affected as December's Arctic blast wiped an estimated 4% off its UK sales figure for the final quarter of 2010.UK ...read more
Mothercare appoints Aviva marketing director to board
- Posted:
- 05 January 2011 09:24
Mothercare has appointed Amanda Mackenzie as a non-executive director. Ms Mackenzie is currently global marketing and communications director at Aviva and a director of The National Youth Orchestra.Ian Peacock, chairman, said: "I am delighted to welcome Amanda to the board of Mothercare.Amanda has extensive expertise in global brand development and ...read more
International sales boost Mothercare
- Posted:
- 17 November 2010 09:01
Mothercare today reported a 22% jump in half-year profits after "exceptional" growth in its overseas business offset a challenging UK market.The retail chain, which has 1,217 stores in 54 countries, said total sales rose 7.5% to £590.2 million in the six months to October 9th and helped underlying profits improve ...read more
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