Mothercare has announced plans today to put the business into administration.
The well known babies and children’s chain has 79 stores, including one in Greenbridge.
It is understood that all of the UK stores will close with the loss of 2,500 jobs.
It its administration notice mother care said: “This financial year’s key strategic aim was to progress the next phase of our transformation of the group’s business.
“This comprised two key and related elements. First, to secure a financial structure for the whole of the Mothercare Group which maintains a sustainable business model with a capacity to secure future growth. Second, to evolve, adapt and optimise the structure, format and model for our UK retail operations.”
