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Mothercare is about to reappoint the chief govt who left in April after poor Christmas buying and selling and an earnings warning, experiences counsel.
Mark Newton-Jones had been changed within the job on four April after 4 years accountable for the infant items retailer.
The agency will even announce the closure of 50 of its 137 remaining shops when it releases its annual outcomes later, in accordance to a Sky News report.
Mothercare has been placing collectively a rescue deal.
Earlier this week it mentioned it was "finalising a comprehensive restructuring and reficing package to put the business on a stable and sustainable financial footing."
Full particulars are anticipated to be revealed together with its full-year outcomes assertion, however the reorganization is probably going to contain an insolvency process known as a firm voluntary association (CVA)
That sometimes sees retailers closing shops and renegotiating rents, in return for a fresh injection of finance.
Over the previous 4 years Mothercare has closed dozens of shops, taking its complete from 200 shops to 137 final yr. It intends to cut back that additional to between 80 and 100 shops.
It is the most recent retailer to fall victim to troubles on the UK High Street.
Earlier this yr, toy retailer chain Toys R Us collapsed into administration together with the electronics retailer Maplin.
Carpetright has entered into a CVA and introduced retailer closures, as has trend chain New Look.
Quite a few causes have been blamed for failures on the High Street, together with a squeeze on shoppers' earnings, the expansion of on-line purchasing and the rising prices of employees, rents and enterprise charges.