Mothercare's shares may have fallen 60% in the last year, however, they were up today by 4% after their announcement on shop closures. The shares are now trading up over 10% at 188p. City likes Mothercare's restructuring news, but will customers?
After the closures, Mothercare will have 200 stores - 95 out of town and 105 on the UK high street. The company aims to grow with 1000 stores created abroad. The retailer have not yet announced which stores will close in the UK.
More top news
Crossrail contractors have been hit with a fine of more than a million pounds over the death of a worker and other incidents.
Amy Hughes, who lost two stone in an epic seven-day charity run, told ITV News she is "devastated" after it is ruled invalid 10 months on.
Hundreds of firefighters have spent days battling devastating wildfires in more than a dozen zones in the Riviera region.