Spring may have sprung, but less colourful news for Mothercare ....
The recent news that Mothercare is to close over 100 stores in
the UK is unlikely to put a spring in the step of the 700 employees
whose jobs will now be at risk from redundancy. The recession
continues to have a major impact on high street retailers like this
with Mothercare joining a long line of others including Blacks,
Millets and Waterstones who have been forced to rethink the scale
of their businesses and even whether they can continue at
all. Of course the economy is only part of the story and it's
as much a reflection of how people buy given that on line
retailers continue to report impressive levels of year-on-year
growth. So Mothercare and Waterstone's losses are likely to
be Kiddicare and Amazon's gain.
For those facing the risk of redundancy and even those having to
manage the process within their own businesses, the rules can be
daunting and complex, especially when more than 20 employees are
likely to be affected at any one site For individuals, an
employer getting it wrong makes an already difficult situation a
great deal worse. For employers, not managing the process
correctly can be costly and can impact on the morale of those
staff left behind. Their motivation and positivity is likely to be
a key element in the future success and long term viability of the
business. For expert assistance on handling redundancies, our
team of accredited specialists have both the technical knowledge
and commercial insight to guide you through, supportively and
effectively.
Contact chris.phillips@simpmar.com
for advice on redundancy or related employment matters.