Competition hurts Mothercare sales

AOL Money Staff
Mothercare
Mothercare

Baby products retailer Mothercare has revealed UK sales have slipped back into the red as it lost out to rivals' cut-price deals.

The group saw UK like-for-like sales edge 0.9% lower in its first quarter to July 13, blaming an "increasingly promotional" market that hit demand for toys, home and travel products.
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