Thursday, 12 April 2018

Mothercare sales in baby goods 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.




BBC      News.