THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Mothercare total group sales drop 1.2%

Mother and baby products retailer Mothercare has reported a 1.2% fall in its third quarter total group sales.

GENERAL MERCHANDISE

Mothercare total group sales drop 1.2%

Mother and baby products retailer Mothercare has reported a 1.2% fall in its third quarter total group sales.

Worldwide network sales were up 3% in the twelve weeks to 1 January, as a result of continuing strong growth in the group’s profitable  international business.

International retail sales rose 15% as the group opened its 1,000th store outside the UK and also launched in Chile, Colombia, Iraq and Morocco.

UK like-for-like sales were down 3% in the period, with total UK sales down 6.9% mainly due to planned store closures. However, like-for-like sales increased by 5% in December due to increased promotional activity. 

Alan Parker, Maothercare executive chairman said the group’s seach for a new chief executive and the structural and operational review of the UK business were both progressing well and woud be completed in the current quarter.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy