Shares in Mothercare fell by 30% today after the chain fell victim to fierce Christmas price wars.
Shares in the babycare products chain sank 126p to 294p after confidence in its turnaround plan was hit by today's profits warning.
Mothercare blamed a 9.9% plunge in UK sales on the "highly promotional" nature of the Christmas period and lower footfall.
More top news
A suspected drunk driver ploughed into a crowd during Mardi Gras celebrations in the southern US city.
The singer had been tweeting in support of migrants when she was bombarded with abusive messages.
Ministers are reportedly considering plans in a bid to lower inward migration.