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Re: House of Fraser in trouble...
Mothercare is to appoint administrators for its UK high street chain, putting 2,500 jobs at risk.
https://www.theguardian.com/business...0-jobs-at-risk
Quote:
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The mother-and-baby-goods retailer said its UK retail operations, which comprise 79 stores, lost £36.3m last year and after a review it had become clear that the business would not return to profitability.
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“The only lesson you can learn from history is that it repeats itself”
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