Mothercare sales fall despite online cheer

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.
But 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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12 April 2018 in Business, Views: 52
Source: BBC
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