Mothercare losses deepen as sales continue to slide
(The Guardian Business News)

Half-year figures show global decline during `extraordinarily challenging period´ for retailerMothercare´s sales have slid further in Britain and overseas after the retailer put its UK business into administration last month with the potential loss of 2,800 jobs.Group sales fell by 8.4% to £452.3m in the six months to 12 October, as pre-tax losses widened to £21.2m from £18.5m in the same period a year before. Continue reading...