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Originally Posted by heero_yuy
No great shock there, we knew something like this was coming.
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The shock was the old managing director who was sacked being re-appointed! Never heard of anything like that happening before at a quoted company.
Meanwhile, a new competitor to Mothercare is opening up.
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As struggling Mothercare closes stores, a fledgling rival is setting up shop in London.
A new toy and clothing shop, ID Kids, today opened its doors in Wandsworth, next door to a Mothercare.
Launched by Philip Bier, the entrepreneur who brought the Danish upmarket pound shop Tiger to Britain, it will have a play area and sell family games.
Bier said: “Toys ’R’ Us and Mother-care have stood still. They haven’t changed with the world parents live in. We will offer something different.”
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https://www.standard.co.uk/business/...-a3841621.html