Which shops can remain open during second national lockdown? Bosses came under fire after receiving £560,000 in bonuses just months before the chain's collapse. If you are using Internet Explorer 9, 10 or 11 our Audio player will not work properly.

I’d like to personally thank all our loyal management and staff for their dedication and service to our customers over the years.”.

Mothercare’s retail business in the Republic is being placed into liquidation with the family that owns the franchise here citing the “unprecedented” impact of Covid-19 on retail sales.

Mothercare’s UK business was placed into administration last November, with all of its 79 stores closing and more than 2,800 jobs lost after its domestic operations buckled under the weight of the pressures plaguing the retail sector.

They said of their 79 remaining UK branches: ‘It has become clear that the UK retails operations of the group…are not capable of returning to a level of structural profitability and returns that are sustainable for the group.’, ‘Furthermore, the company is unable to continue to satisfy the ongoing cash needs of Mothercare UK.’. They shut 55 stores last year and have been trying to sell their UK arm for some time. Mothercare has been a household name since 1961 but now all 79 stores will close their doors for good within the next few months, putting more than 2,800 workers out of a job. Level 5 restrictions risk pushing economy into double-dip recession, Businesses call for more supports amid ‘devastating’ restrictions, Covid-19 has shown that much of ‘normal’ life should have been binned years ago, Irish retailers are not hotbeds of Covid-19 infection, figures suggest, ‘Lockdown lobby’ needs to explain why this time would be different, Patrick Guilbaud: Covid pandemic ‘worse than war’ for restaurants, State had fourth-highest home-working rate in EU last year, Businesses say 24-hour notice of Level 4 Covid restrictions ‘disappointing’, Irish borrowers secured second-highest payment breaks in Europe, Ryanair to close Cork, Shannon for winter, warns of further redundancies, No need for austerity after Covid in most advanced countries – IMF, ‘Circuit-breaker’ would hit UK recovery, OECD warns, Johnson and Johnson pauses vaccine study as participant falls ill, One-third of Irish publicans see risk of permanent closure, INBS inquiry to resume final phase after Covid hiatus, Construction should be ‘essential’ if country moved to Level 4, says CIF, Rapid Covid-19 testing at our airports essential to get Ireland flying again. Hit to Irish economy from coronavirus likely to be minimal, Central Bank says, Construction faces further Covid-19-fuelled decline, survey warns, Business breathes a sigh of relief as Level 5 averted for now, Confusion and anger in Irish businesses at call for lockdown, Footlocker and landlord in dispute over Grafton St store rent, Centric Health sells Global Diagnostics Ireland in €16m deal, M&S slides to first loss as coronavirus hammers clothing sales. The £24m of loans owed to the Group's lending group are secured over the Group as a whole, and these amounts will be addressed through the Administrators' clearance and liquidation of the stock in Mothercare … Whilst we’ve tried to keep our teams as up to date as possible through these challenging times, it’s still a huge shock. MORE : Clothing chain Coast collapses into administration putting 300 jobs at risk, Get your need-to-know The retailer has now cut prices in a bid to shift stock before all stores draw the shutters for the last time. Business owners: How will your business cope with Level 5?

The children’s company, which has said it will file a notice of intent to appoint administrators today, made the move after shutting 55 shops last year. Discounts can be found across a number of products such as prams, pushchairs, car seats, baby clothes, maternity clothes and nursery furniture. So why has it gone into administration and which stores will close as a result?
How to get a free Lindt orange or mint chocolate bar. The latest blow to the high street came earlier this week after the failing retailer collapsed into administration. The Mothercare business, which sold a range of products for babies and young children, has been operated in Ireland since 1992 by the Ward family, under franchise from the British business of the same name.

The official B2B liquidation auction marketplace for Walmart Liquidation, offering bulk lots of Walmart.com returned and overstock merchandise. A spokesman for Mothercare said: "This is a great opportunity for customers to pick up some amazing deals as everything is reduced.". This is the latest in a series of blows to the Irish retail sector, with Debenhams, Monsoon, Oasis and Warehouse among the businesses that have not reopened following the imposition of lockdown restrictions in March to contain the spread of Covid-19. Get the latest business news and commentary from our expert business team every weekday, For the best site experience please enable JavaScript in your browser settings, Tony Holohan pours cold water on Christmas travel hopes, Covid-19 wage subsidy schemes: Prepare for a possible tax liability in the new year, Ryanair hopeful vaccines and EU traffic light system can lift gloom, Get the latest business news and commentary, CPL agrees €318m takeover by Japan’s Outsourcing Inc, Corporate America is breaking with Donald Trump, Gordon D’Arcy: Ireland’s old issue of lack of strength in depth rears its head again, Accounts show Vita Cortex group had net losses of €2.3m, Architect-designed home on Mount Juliet Estate offers a new way to live, Inclusivity the key to Covid-19 culture challenge, Employers need a strong pension provider to partner with them, How firms are battling Covid - supports and innovation, Perrigo loses landmark action to overturn €1.64bn tax assessment, Amazon eyes potential major expansion of Cork operations, Legal profession is the big winner from Ireland’s compensation culture, Surprise €930m corporation tax shortfall sends public finances further into red, Apartment owners in Co Meath sue developers over defects, US election results catch investors off guard as ‘blue wave’ trade unravels, Ireland’s first green hydrogen project to come on stream ‘in weeks’, Stocks sweat out knife-edge US election as prospect of Biden sweep diminishes, Frequently asked questions about your digital subscription, Specially selected and available only to our subscribers, Exclusive offers, discounts and invitations, Explore the features of your subscription, Carefully curated selections of Irish Times writing, Sign up to get the stories you want delivered to your inbox, An exact digital replica of the printed paper, Government’s business support scheme to cost €80m a week, Ryanair loses €410m in first half as pandemic takes toll, Irish homeowners must see rates relief if they make it through Covid turmoil, New car sales up 6% in October despite Covid challenges, We need to reverse our thinking on lockdown, Bake-off soy sauce tweet backfires for UK trade ministry, Policy failed us during the banking crisis and it’s failing us again, Help is at hand: the key supports for Covid-hit businesses, Western counties suffer greater economic hit from Covid-19, study finds, ‘Disproportionate’ and ‘devastating’: Business owners on Level 5, Cliff Taylor: Jobs in the firing line as the country moves to Level 5, State faces Brexit and virus double whammy, warns Makhlouf, An Post letter business collapsing under Covid-19 - CWU, Up to 1,250 businesses ‘recommended’ for State-backed coronavirus loans, Government sees record €6.2bn budget deficit in second quarter of 2020, Covid-19 public spending unsustainable without vaccine – Donohoe, Economists warn GDP will fall again because of Level 5 restrictions, ‘Essential’ retailers risk a firestorm if they exploit the closure of the ‘non-essential’.

MOTHERCARE isn't the only retailer to have struggled in 2019. All product warranties and guarantees will remain valid and, although you won't be able to buy them, the retailer is still accepting Mothercare branded giftcards. On Tuesday, the retailer said it was exploring plans to keep the online side of the business alive but by Friday it announced that it will be shutting that down too. Its range includes prams, car seats, children’s clothing, toys and maternity wear. The company’s international businesses – it is franchised internationally from roughly 1,000 stores in 50 countries – has not been affected. Comments are subject to our community guidelines, which can be viewed, Mothercare has launched a closing down sale where all stock must go, Mothercare announces plans to go into administration after £36.9m loss during last financial year, Mothercare Milan Highback Booster car seat, Independent Press Standards Organisation (IPSO).

You won't, however, be able to pay for your shopping with thirdparty giftcards, such as Love To Shop vouchers. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. ©News Group Newspapers Limited in England No. I think it’s also fair to say that three months on we are still unsure as to the extent and the duration that Covid-19 will be a factor in our lives. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The Sun website is regulated by the Independent Press Standards Organisation (IPSO). The company had been selling products online following the introduction of lockdown restrictions but this stopped earlier this week, with the final orders fulfilled on Thursday. Mothercare is said to employ 500 staff on full-time contracts and 2,000 on part-time contracts in the UK.

Unfortunately, our business is now no longer sustainable as it will continue to make losses into the future,” said Mr Ward, whose father David founded the Irish business.

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