• No impact in Gib as Mothercare axes 50 UK stores

    No impact in Gib as Mothercare axes 50 UK stores0

    Mothercare is to swing the axe on 50 underperforming stores and re-hire the chief executive it sacked just weeks ago as part of a wide-ranging shake-up. The closures, which will result in hundreds of job losses, will be carried out through a company voluntary arrangement (CVA) – a move which allows companies to close loss-making

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