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31 Jan – 4 Feb 2018
As reported by the Watford Observer, family-run company Kiddies Kingdom has made a nine-point proposal to the administrators at Mothercare. The online company says it wants to ‘fill the void’ Mothercare is leaving behind. It has now contacted the retailer’s administrators, showing a ‘keen interest’ in purchasing and ultimately taking over a range of Mothercare’s assets.
The proposal includes taking over high-performing stores within the UK, purchasing leftover stock and distribution centres, corresponding infrastructures and equipment and staff retention.