Mothercare left with £10m shortfall after heavy discounting

// Mothercare left with £10 million deficit after failing to accumulate enough cash from clearance sales
// Mothercare had planned to use proceeds made from liquidating stock to pay down the £24.5m in net debt
// The company said the cash raised had come in “behind expectations”Mothercare has been left with a £10 million debt shortfall after funds raised from clearance sales were “behind expectations”.
The retailer closed down its 79 stores in the UK fol