By Isle of Wight Observer
Mothercare has confirmed it is closing 50 stores as part of a rescue plan and the future of the Newport store on the Isle of Wight store remains uncertain.
The dessiosn to close a number of stores is a a move to save the business but will also put 800 jobs at risk across the UK.
The baby products retailer said it was in a “perilous” financial position.
The store closures will leave it with 78 outlets in the UK by 2020.
Mothercare has already nearly halved its store numbers over the past five years. It had intended have 92 outlets by 2023, but has now accelerated its closure plans and will have just 73 by that year.
Isle of Wight Observer