The retailer is going into administration after suffering a £36.9m loss in the financial year to March. Mothercare’s UK business was placed into administration last November, with all of its 79 stores closing and more than 2,800 jobs lost after its domestic operations buckled under the weight of the pressures plaguing the retail sector. Our journalists strive for accuracy but on occasion we make mistakes. Its range includes prams, car seats, children’s clothing, toys and maternity wear. For example, online you can buy a Mothercare Milan Highback Booster car seat for £20, reduced from £50. They shut 55 stores last year and have been trying to sell their UK arm for some time. MOTHERCARE isn't the only retailer to have struggled in 2019. How to get a free Lindt orange or mint chocolate bar. We sell a mix of Mothercare Store toys in the UK. It blamed cheap supermarket alternatives and the rise of online shopping for its failure. The highest and lowest paid jobs 2020 - is yours on the list? This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. MORE : Clothing chain Coast collapses into administration putting 300 jobs at risk, Get your need-to-know The administration doesn't include Mothercare's international arm of the business, which will continue to operate more than 1,000 stores in over 40 countries all running as franchises. Bosses came under fire after receiving £560,000 in bonuses just months before the chain's collapse. “As a family business, it is devastating news. “The impact on our business to date is unprecedented and what has become clear over the recent weeks is that store sales are going to continue to be seriously impacted in the short term whilst social distancing measures are in place and longer term as consumer habits permanently change.”. Discounts can be found across a number of products such as prams, pushchairs, car seats, baby clothes, maternity clothes and nursery furniture. Hit to Irish economy from coronavirus likely to be minimal, Central Bank says, Construction faces further Covid-19-fuelled decline, survey warns, Business breathes a sigh of relief as Level 5 averted for now, Confusion and anger in Irish businesses at call for lockdown, Footlocker and landlord in dispute over Grafton St store rent, Centric Health sells Global Diagnostics Ireland in €16m deal, M&S slides to first loss as coronavirus hammers clothing sales. Mothercare has been a household name since 1961 but now all 79 stores will close their doors for good within the next few months, putting more than 2,800 workers out of a job. Whilst we’ve tried to keep our teams as up to date as possible through these challenging times, it’s still a huge shock. It is the latest in a string of high street chains to go bust in recent months, following Karen Millen, Jack Wills and Bon Marche. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. I’d like to personally thank all our loyal management and staff for their dedication and service to our customers over the years.”. For other inquiries, Contact Us. Staff were informed of the decision yesterday, with Tony McBride of FLC Frank Lynch & Co lined up as liquidator. These are the branches which closed in 2018. Mothercare’s retail business in the Republic is being placed into liquidation with the family that owns the franchise here citing the “unprecedented” impact of Covid-19 on retail sales. The Mothercare shop at the St Stephen’s Green Shopping Centre, Dublin will be one of 14 outlets not to reopen. 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I think it’s also fair to say that three months on we are still unsure as to the extent and the duration that Covid-19 will be a factor in our lives. The children’s company, which has said it will file a notice of intent to appoint administrators today, made the move after shutting 55 shops last year. If you are using Internet Explorer 9, 10 or 11 our Audio player will not work properly. It is understood that Mothercare expected its sales to decline by 40 per cent this year, leading to losses of about €3 million. Mothercare’s retail business in the Republic is being placed into liquidation with the family that owns the franchise here citing the “unprecedented” impact of Covid-19 on retail sales. ©News Group Newspapers Limited in England No. Mothercare has announced it is going into administration (Picture: Getty Images) Mothercare has become the latest high street chain to announce that it has gone into administration, … The £24m of loans owed to the Group's lending group are secured over the Group as a whole, and these amounts will be addressed through the Administrators' clearance and liquidation of the stock in Mothercare … All product warranties and guarantees will remain valid and, although you won't be able to buy them, the retailer is still accepting Mothercare branded giftcards. The latest blow to the high street came earlier this week after the failing retailer collapsed into administration. In a statement issued to The Irish Times, Jonathan Ward, Mothercare Ireland’s managing director, said: “When Covid-19 began to spread in Ireland no one knew the scale of the impact that this would have. Receive daily the best list of offers on liquidation stock… Your Web Browser may be out of date. Pallets of Sportswear & Liquidated Trade Stock from Mothercare, Staples & Cartridge World. Photograph Nick Bradshaw/The Irish Times. Mothercare is said to employ 500 staff on full-time contracts and 2,000 on part-time contracts in the UK. On Tuesday, the retailer said it was exploring plans to keep the online side of the business alive but by Friday it announced that it will be shutting that down too. “We had already experienced issues with our supply chain in 2020 and when we factor the Covid-19 impact on top of this we are forecasting substantial losses this year alone. They said of their 79 remaining UK branches: ‘It has become clear that the UK retails operations of the group…are not capable of returning to a level of structural profitability and returns that are sustainable for the group.’, ‘Furthermore, the company is unable to continue to satisfy the ongoing cash needs of Mothercare UK.’. View our online Press Pack. Earlier this year, the troubled brand closed down 55 branches in a bid to cut costs and save the business. The price is 3.5 PLN. The Mothercare business, which sold a range of products for babies and young children, has been operated in Ireland since 1992 by the Ward family, under franchise from the British business of the same name. Unfortunately, our business is now no longer sustainable as it will continue to make losses into the future,” said Mr Ward, whose father David founded the Irish business. You won't, however, be able to pay for your shopping with thirdparty giftcards, such as Love To Shop vouchers. Administrators, PWC, announced yesterday that stores are also no longer accepting refunds. The official B2B liquidation auction marketplace for Walmart Liquidation, offering bulk lots of Walmart.com returned and overstock merchandise. We need to fight off the virus upsurge without destroying entire sectors of the economy, Borrowers return to normal loan repayments after Covid breaks, Heels or hoodies? Shoppers can get the deals online as long as the website is running, although you may find better prices in store. So why has it gone into administration and which stores will close as a result? Can we beat Covid-19 without wrecking the economy? The company’s international businesses – it is franchised internationally from roughly 1,000 stores in 50 countries – has not been affected. William George Collection & Delivery available from Rotherham (S60) please enquire at … Business owners: How will your business cope with Level 5? Which shops can remain open during second national lockdown? 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