Saturday, May 26, 2012

New Mothercare CEO sets out plan for UK business

LONDON - Baby products and maternity retailer Mothercare's new chief executive set out his plan on Thursday to restore its British business to profitability in the next three years by cutting stores and introducing a greater range of pricing. Photo: Mothercare Plc, PR ShotsSimon Calver, who took the helm at Mothercare at the end of April, made his first statement as CEO while presenting the company's full-year results, saying that the firm would continue its expansion in emerging markets, where

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