Baby goods retailer Mothercare has said it plans to call in administrators to the troubled firm’s UK business, putting 2,500 jobs at risk.
Mothercare said its 79 UK stores were “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,” it added.
It said stores would continue to trade as normal for the time being.
Also affected is Mothercare Business Services Limited (MBS), which provides certain services to Mothercare UK.