Future of Work

The last remaining Mothercare store closed its doors on Sunday for the last time after decades on the high street. The collapsed health, beauty and baby product chain has shut all 79 of its shops  with job losses of 2,500 across the country.

Mothercare has slashed prices on several of its premium products since the beginning of December, including its popular baby stroller, which was selling at £69.99, down from £334.95.

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Customers couldn’t access the company’s website, but were encouraged to head to their nearest store to get discounts of up to 80% off selected items in 37 of the remaining 79 stores still open on Saturday.

Mothercare went into administration last year after failing to adapt to the world of online shopping after 59 years in the retail business.

It secured a Company Voluntary Arrangement (CVA) restructuring deal in May 2018 which bosses thought would lead to the closure of 50 stores, affecting 800 jobs.

However, in November 2019 the business announced it would file a notice to appoint administrators as it could no longer keep itself afloat.

Fellow high street retailer Debenhams has also confirmed that 19 of its 160 chains across the UK plan to shut their doors between 11 and 19 January. Around 600 job losses are expected from the closures.

The department store entered administration in April 2019 as it sought to reduce its debt and start a major restructuring process. Further branches are expected to shut down in 2021 to bring it to a total of 50. The details of the locations and when exactly this will happen are to be disclosed.

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