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Carpetright and mothercare shares dive on trading worries

By (user no longer on site) OP over a year ago

Who would of thought that these 2 super giants might go into administration?Shares in carpetright and mothercare have plunged amid fears about the retailers futures.

Carpetright slumped 14% after a report suggested it would cut jobs and close stores as part of a rescue plan to stop it going into administration.

Mothercare, which is in the midst of a store closure programme, fell almost 12%.

Is it down to brexit, whats your view?

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By (user no longer on site) over a year ago

Mothercare has been in trouble for a good few years, well before Brexit.

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By (user no longer on site) over a year ago

Mothercare nearly disappeared several years back so no huge surprise there.

Ginger

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By (user no longer on site) over a year ago

I see signs of retailer stress everywhere on the high street. We’re all mostly shopping online these days.

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By *imandher84Couple over a year ago

Leeds

Mothercare has been expensive and out of date for years, and carpet right made a right mess of my hall carpet so from my own experience I'm not surprised.

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By *heBirminghamWeekendMan over a year ago

here

Before even reading this thread I knew the B word would be mentioned

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By (user no longer on site) over a year ago

"Before even reading this thread I knew the B word would be mentioned

Snap!!

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By (user no longer on site) OP over a year ago

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By *rincessvenusCouple over a year ago

Hull

carpet right have been in trouble for months

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By *nlovedpaulMan over a year ago

stone

Carpetwright is a pretty crap company to deal with (in my experience anyway).

Would never deal with them ever again after a couple of terrrible experiences 5 years ago!

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By *otSoNewWalesCoupleCouple over a year ago

South Wales

Retail is generally in a bad place.

Mothercare's issue is it sells stuff which you can easily drop into your trolley at Tesco, and the other higher value itemd can be bought online for cheaper.

Not really much these chains can do unfortunately. The retail landscape is changing.

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By (user no longer on site) over a year ago

Sadly the fortunes of Mothercare and Carpetright are intertwined.

It's the wrong time of year for shag.

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By *otSoNewWalesCoupleCouple over a year ago

South Wales

Retail's problem are nothing to do with Brexit and have been coming for a LONG time.

Mary Portas was tasked with looking at the High Street's problems long before Brexit.

She failed by the way.

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By (user no longer on site) over a year ago

The only good thing about Mothercare at the moment is jools olivers kids range (if anyone from Mothercare is reading!)

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By (user no longer on site) over a year ago

I would help, but I hate shopping so close em all down....

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By (user no longer on site) over a year ago

Problem is most people go online shopping now days.plus shops like Tesco does a lot of baby stuff cheaper.

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By (user no longer on site) OP over a year ago

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