Mothercare continues to struggle, UK same-store sales drop 11.4 percent

Mothercare Plc, for the 13 week period to January 5, 2019, said UK like-for-like sales declined 11.4 percent, reflecting a combination of the difficult consumer backdrop and the aggressive discounting activity undertaken in the prior year that inflated sales in that period. The company added that online sales in the UK declined 16.3 percent impacted by lower website footfall, lower iPad sales in store due to the store closure programme and a smaller Toy offer with less discounting. International retail sales were down 1.1 percent in constant currency and 3.2 percent in actual currency.