whats the number of times the letter t appears in:
struggling high street retailer mothercare is set to shutter another raft of stores as its childrens world chain is forced into administration.
the baby and childrens specialist will now close 60 of its outlets over the next year, leaving around 900 jobs at risk – up from the 50 shops and 800 jobs it previously announced.
the changes come after mothercares creditors gave it the green light to carry out a company voluntary agreement (cva) – a controversial but a-la-mode insolvency procedure typically used to exit unprofitable stores and slash rents.
but, creditors rejected the cva proposals for childrens world, forcing the subsidiary into administration.
mothercare said 13 of the 22 stores will be saved, however, and continue to trade.
in addition to the restructuring, the retailer, which unveiled a brutal set of annual results in may, hopes to shore up its finances by raising £32.5m from existing shareholders.
it has also identified £19m of savings, and hopes to find £10m in cash to help cover the costs of its turnaround.
shares in the retail group have not responded well to the news, falling 9.5 per cent to 25.8p.
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clive whiley, its interim executive chairman, said: when i joined the business just three months ago, mothercare faced a bleak future with growing and pressing financial stresses upon the business.
after the closures, mothercare - which swung to a £72.8m pre-tax loss last year, compared with a £7.1m profit the year before - will be left with just 77 uk stores, 19 of which will be subject to reduced rent.
it is the latest in a string of high street chains to turn to a cva for rescue.
new look, carpetright and house of fraser have also embarked on radical store closure programmes, while toys r us and maplin have slumped into administration.

user
I counted one hundred and forty-two "t"s in that text.
assistant