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Mothercare store closures revealed

The list of stores Mothercare is looking to close, as well as 21 further stores that are facing rent reductions under the terms of it’s CVA, have been revealed.

The list, which was published on Twitter by niche property consultancy Ditchfield Property, reveals the stores Mothercare plans to close in England, Wales, Scotland and Northern Ireland.

The list is broken down into four regions, with region one covering Scotland, Northern Ireland and Yorkshire and the north of England.

The Mothercare stores in Inverness, Kirkcaldy, Fort Kinnaird, and Coatbridge will close, along with Bangor and Londonderry in Northern Ireland aand North Shields, Doncaster, Bradford and Harrogate in the North.

In region two, which includes stores in the North West and Wales, Mothercare stores in Rotherham, Crystal Peaks, Llandudno, Stockport, Maclesfield, Stafford, Denton, Blackburn and Bedford will face closure.

Region three covering London and the home counties includes stores in Kings Lynn, Grafton Centre in Cambridge, Clacton, Holloway Road, Bexley Heath, Hounslow, Wandworth, Brixton, Sutton, Croydon, Colliers Wood, Eltham, Bromley, Maidstone, Brighton and Worthing.

Region four will see Mothercare in Guildford, Aldershot, Portsmouth, Newbury, Reading, Salisbury, Newport, Weston Super Mare, Yeovil, Exeter and the Isle of Wight close.

In Plymouth one store is set to relocate and the Early Learning Centre is to close.

The list of stores which face rent reductions include Dundee, East Kilbridge, Newtownabbey and Huddersfield in region one and Altrincham, Meadowhall, Lincoln and Leicester in region two.

Region three sees Peterborough asking for a rent reduction as well as Aylesbury, Brent Cross, Wood Green, White City, Kew, Kingston, Orpington and Eastbourne.

Region four will see rent reductions in Worcester, Bristol 384, Oxford and Slough.

In a stockmarket announcement on 17 May Mothercare revealed that former chief executive Mark Newton Jones will return to the business a mere five weeks after stepping down from the role.

The retailer has appointed KPM”G to oversee the turnaround plan.

In a statement Mothercare said: ”We regret having to close stores and the impact this will have on colleagues. However, we had no alternative to executing a CVA.

“The business was in an unsustainable situation and was in clear need of an appropriate resolution and today’s comprehensive measures provide a renewed and stable financial structure for the business, and will allow Mothercare to accelerate its adaptation to the shifting dynamic towards online.”

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