Mothercare's looking after its future
BABY goods retailer Mothercare will want to show that it is achieving more full-price sales and revamping its UK stores when it posts an update on trading on Thursday.
Parents can look to shops such as Mothercare for baby essentials
Brokers at Numis expect current trading at the retailer to benefit from cost-cutting, store and product improvements and less pressure from a strong pound. This comes on top of its thirdquarter trading that showed UK like-for-like sales rising 1.1 per cent in the 13 weeks to January 10.
Chief executive Mark Newton-Jones said the figures showed progress in the company's push to re-establish Mothercare as a full-price retailer.