Mothercare closes another 173 stores
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Babywear retailer Mothercare is planning to close another 111 stores by March 2015, the outcome of a three-year strategy to restore its UK business foundations.
The closures were announced together with a disappointing 8.2% drop in like-for-like sales in the fourth quarter of 2012.
Though struggling in the UK, Mothercare is planning to expand abroad.
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