Mothercare to miss profit targets

Mothercare has warned it will miss profit expectations after fierce Christmas discounting left it nursing a big drop in UK sales.

Mothercare to miss profit targets
Wed, 08 Jan, 2014 - 08:35

Mothercare has warned it will miss profit expectations after fierce Christmas discounting left it nursing a big drop in UK sales.

The babycare products retailer, which has 191 stores in its home market, blamed the “highly promotional” nature of the Christmas period and lower seasonal footfall for its disappointing UK performance.

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