Mothercare confirms 50 store closures

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Media captionMothers at this shopping mall say other stores are better at catering for young children

Mothercare has confirmed it is closing 50 stores as part of a rescue scheme, a move that will set 800 tasks at risk.

The baby products retailer said it was in a “perilous” financial position.

The store closes will leave it with 78 outlets in the UK by 2020.

The retailer has already virtually halved its store numbers over the past 5 year. It had aimed have 92 outlets by 2023, but have already been accelerated its closure plans and will have just 73 by that year.

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