Apr 12, 2018

Mothercare sales fall despite online cheer

Sales in baby goods retailer Mothercare have fallen, but online traffic is up. The retailer reported like-for-like sales fell 2.8% in the last 12 weeks owing to decreased consumer footfall. Internet sales were up 2.1%, with purchases from its own website up 7.2%. "The UK retail trading environment remained relatively muted in the quarter, with a continuing trend of lower footfall in stores," Mothercare chief executive David Wood said in a statement. "In this competitive climate, promotional activity has been necessary to stimulate customer demand," Mr Wood added.

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