Mothercare reports declining sales in Q3 2019

Source: Mothercare, Thursday, Jan 10, 2019

Mothercare has reported its Q3 results for the 13 week period to 5 January 2019. UK like-for-like Q3 sales slid 11%, as a result of what the retailer termed a difficult consumer environment, saying aggressive discounting in the previous year further dragged down numbers.  UK online sales plunged 16% with fewer visits to its website cited as a principal reason.