Trade Resources Industry Trends Mothercare's Total Group Sales Dropped Six Per Cent in 2012

Mothercare's Total Group Sales Dropped Six Per Cent in 2012

Mothercare's total group sales dropped six per cent in 2012, but the retailer's transformation plan means its business "is on a firmer footing".

The company closed 56 loss-making stores in the UK last year. 

Total sales in the UK fell 9.2 per cent during the 52 weeks ending March 30th, 2013, while like-for-like sales fell 3.6 per cent.

During Q4, like-for-like UK sales were flat, while total sales dipped 5.1 per cent.

International sales rose 11.8 per cent throughout the year, and 15.5 per cent during Q4. 

Source: http://www.toynews-online.biz/news/38608/Mothercare-business-on-a-firmer-footing-for-2013
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Mothercare Business "on a Firmer Footing" for 2013
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