Mothercare to close 111 more stores putting 730 jobs at risk (From Romsey Advertiser)
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Mothercare to close 111 more stores putting 730 jobs at risk
10:16am Thursday 12th April 2012 in Hampshire Business
Mothercare to close 111 more stores putting 730 jobs at risk
Struggling retailer Mothercare, which has a flagship outlet in Southampton, said today will close 111 UK stores over the next three years putting 730 jobs at risk.
The mothers-to-be, babies and children's group revealed plans to cut the number of stores in the UK from 311 to 200, which will include 36 Mothercare sites and 75 Early Learning Centres, following months of weak trade.
Mothercare has Hampshire stores at WestQuay Retail Park in Southampton as well as Basingstoke, Farnborough, Aldershot and Newport on the Isle of Wight.
The announcement came as the group revealed a further deterioration in UK like-for-like sales, which fell 9.5 per cent in the 12 weeks to March 31, compared with 3 per cent in the previous quarter.
Mothercare said as part of its cost-reduction programme it would slash UK head office payroll costs by up to 16 per cent, which will equate to around 90 roles.
The remaining 200 stores will be ''profitable'', the group said, and will comprise 95 out-of-town sites and 105 high street locations, while the closures will improve UK profits by £13 million by March 2015.
Mothercare has already closed 62 stores in the current financial year, three Mothercare outlets and 59 Early Learning Centres.
While the group has suffered at home, it is being propped up by a strong performance overseas, where it has 1,000 stores, with international sales growing 18 per cent in the fourth quarter. Mothercare pledged to accelerate its international expansion.
Comments(18)
Torchie1
says...
10:52am Thu 12 Apr 12
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
southy
says...
11:15am Thu 12 Apr 12
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
Torchie1
says...
11:30am Thu 12 Apr 12
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
Portswoodfoke
says...
11:31am Thu 12 Apr 12
southy wrote:It's really sad that under labour mismanagement of everything that mental health problems increased and caused a rise in socialism (aka complete delusion, false sense of entitlement, envy, constant mumbling and unwillingness to work for a wage related to the skill (or lack thereof) that their job demands).
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
Keep dreaming of trade union control of the UK, in the mean time your more than welcome to go to soviet Russia (oh yeah that one collapsed) erm....North Korea? You could try China, but they are more capitalist than any one so I guess failed state socialism ain't such a great idea after all.
Taskforce 141
says...
11:48am Thu 12 Apr 12
Shoong
says...
11:49am Thu 12 Apr 12
southy wrote:Unfortunately Minion of the Milliband, it's all falling apart for you isn't it?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
People are going to 'force it to end' are they?
Pray tell how? Will it be rioting in the streets, I would hope not after you've accused capitalists of being 'aggressive' in the past.
Perhaps the ever busy Diana Holland can spare some time in her busy schedule when she's not taking you for a complete mug?
Or maybe you & your mate Kev?
Still waiting on your revolution... yawn...
ameliaS
says...
1:12pm Thu 12 Apr 12
knittingnanna
says...
1:58pm Thu 12 Apr 12
owen_thesaints
says...
2:19pm Thu 12 Apr 12
knittingnanna wrote:radical thought, lol.
could be something to do with their high prices !
southy
says...
3:54pm Thu 12 Apr 12
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
southy
says...
3:55pm Thu 12 Apr 12
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
Shoong
says...
4:01pm Thu 12 Apr 12
southy wrote:Sony & Mothercare were around for years before the internet.
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
southy
says...
4:18pm Thu 12 Apr 12
Shoong wrote:yes like many other firms where, and just like many others deal with internet shopping and all having sales problems, where sales are down not just in there stores but also on the internet.
southy wrote:Sony & Mothercare were around for years before the internet.
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
People just don't have the money to spend.
Torchie1
says...
4:59pm Thu 12 Apr 12
southy wrote:People don't have money to spend but they managed to find enough to panic buy garages stock until they ran out. Government legislation is forcing large retail outlets to cover up cigarette displays to persuade people not to buy them at £6 or £7 a packet and binge drinking continues to bolster the profits for the drinks industry. Which group of people apart from those who don't work through choice is it that are short of money?
Shoong wrote:yes like many other firms where, and just like many others deal with internet shopping and all having sales problems, where sales are down not just in there stores but also on the internet.
southy wrote:Sony & Mothercare were around for years before the internet.
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
People just don't have the money to spend.
southy
says...
6:15pm Thu 12 Apr 12
Torchie1 wrote:What type of people panic buy at the Garages it was not the ordinary people on the street, it was the likes of your self who need to travel a fair distance to get to work insted off moving with in walking distance of place of work, its your type that lets the conditions control and dictate to you in sted of taking control of the conditions and you controlling it.
southy wrote:People don't have money to spend but they managed to find enough to panic buy garages stock until they ran out. Government legislation is forcing large retail outlets to cover up cigarette displays to persuade people not to buy them at £6 or £7 a packet and binge drinking continues to bolster the profits for the drinks industry. Which group of people apart from those who don't work through choice is it that are short of money?
Shoong wrote:yes like many other firms where, and just like many others deal with internet shopping and all having sales problems, where sales are down not just in there stores but also on the internet.
southy wrote:Sony & Mothercare were around for years before the internet.
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
People just don't have the money to spend.
People dont work though choice they don't work because there is not enough jobs cause though the greed of the 2% and is not a choice.
Condor Man
says...
7:51pm Thu 12 Apr 12
Torchie1
says...
10:07pm Thu 12 Apr 12
southy wrote:I didn't see anyone panic buying petrol here in Prague. As for controlling conditions, if you'd bothered to take the offer of the free education and worked a reasonable amount you may have been more in control of your life as other people are in control of theirs. There are fewer and fewer jobs available for unqualified people and those who don't bother will always be at the mercy of circumstances beyond their control.
Torchie1 wrote:What type of people panic buy at the Garages it was not the ordinary people on the street, it was the likes of your self who need to travel a fair distance to get to work insted off moving with in walking distance of place of work, its your type that lets the conditions control and dictate to you in sted of taking control of the conditions and you controlling it.
southy wrote:People don't have money to spend but they managed to find enough to panic buy garages stock until they ran out. Government legislation is forcing large retail outlets to cover up cigarette displays to persuade people not to buy them at £6 or £7 a packet and binge drinking continues to bolster the profits for the drinks industry. Which group of people apart from those who don't work through choice is it that are short of money?
Shoong wrote:yes like many other firms where, and just like many others deal with internet shopping and all having sales problems, where sales are down not just in there stores but also on the internet.
southy wrote:Sony & Mothercare were around for years before the internet.
southy wrote:Sony is that firm
Torchie1 wrote:They are Mothercare them selfs as a Internet shopping web site and this cut backs there also. Another firm who is suffering who do more on the internet shopping than most is cutting back its workforce by 6,000 which a third of the job losses is dealing with internet shopping.
southy wrote:Your ramblings force me to ask why Internet suppliers aren't suffering in the same way as the High Street?
Torchie1 wrote:Still trying to pass on your false propaganda Torchie.
hulla baloo wrote:It's called progress and if I understand the ramblings correctly, Tusc have promised to ban it.
Retail parks caused the demise of the traditional high street, and now they are suffering, probably due to internet shopping.
How much more do you think the country can take before the majority take things in there own hands and start to force things to happen in favour of Socialism, Keep pushing that unemployment figure up and it will come, people will get fed up with this Capitalist world of yours and force it to come to an end.
They are not suffering because of the Internet shopping, they are suffering because people don't have money to spend
People just don't have the money to spend.
People dont work though choice they don't work because there is not enough jobs cause though the greed of the 2% and is not a choice.
hulla baloo says...
10:24am Thu 12 Apr 12