3,000 workers axed as Clinton Cards folds
All of the group’s Birthdays stores and roughly 200 Clintons-branded stores will close after administrators said the business was “burdened with an untenable retail estate”.
The move will see 2,800 staff lose their jobs in a wave of store closures starting next week and continuing into June. The ailing retailer went into administration last week after its biggest supplier American Greetings called in a £35 million debt.
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Hide AdPeter Saville, joint-administrator Zolfo Cooper, said: “Given the sheer size of the Clinton Cards retail estate and the overall performance, we were left with no alternative to today’s difficult decision.”