Ouch! x 23 million
That's the loss in market value following accusations that the
inventory system (from Tibbet and Britten, specialists in that field
by all account) failed.
It seems that stock was stuck in the warehouse rather than being
transported to its UK shops and that £23 million amounts to
a stock market value of about 13.5%.
Tibbett and Britten have assured Mothercare that it will
be weeks not months before the system is fully functioning...ouch,
ouch, ouch, ouch, ouch...
To view Mothercare's history click here.
