Mothercare Ireland to close all stores as company goes into liquidation

  • 📰 IrishMirror
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Mothercare Ireland to close all 14 stores as company goes into liquidation

The retailer, which sells products for babies, is blaming the impact of the coronavirus pandemic on the closure, which will see 197 people lose their jobs.

In a statement, Ward explained that the company was already having some issues this year but that Covid-19 led to "substantial losses." Whether it be about the latest restrictions, supermarket opening hours, schools and workplaces or anything else - this newsletter will have you covered for everything.

"When we factor this in coupled with issues we have in our supply chain, the business will sustain significant losses this year and will continue to do so in the future."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines