THE RETAIL BULLETIN - The home of retail news
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Health & Beauty
General Merchandise
Sports & Leisure
Retail Solutions
Food & Drink
Clinton Cards to close 44 stores

Administrators for the collapsed greeting cards retailer Clinton Cards have announced that 44 stores will be closed by the end of May with the loss of 300 part time and full time jobs.


Clinton Cards to close 44 stores

The closures include 19 Birthdays branded stores and 25 Clinton stores.  In addition there have been redundancies at the company’s head office in Loughton in Essex affecting 66 employees.

The administrators said that the decision regarding the remaining Clinton Cards stores will be finalised over the coming weeks adding that some stores currently earmarked for closure may remain open or continue to trade for longer than initially envisaged while a buyer is sought for the business. They confirmed that a number of expressions of interest had been received.

However, further store closures across the remaining Birthdays estate and certain Clinton Cards traded stores are expected in the coming weeks, although this remains subject to ongoing discussions with landlords and other interested parties. 

Peter Saville, joint administrator and partner at Zolfo Cooper said: "Since our appointment, we have been seeking to preserve value and sell the core underlying business as a going concern. We have received expressions of interest from a number of third parties and are confident that the remaining retail estate will be better placed going forward. It appears unlikely, however, that we will be able to find a buyer for the majority of the Birthdays stores and our analysis highlights that we cannot justify continuing to trade certain Birthdays and Clinton Cards stores into June. As a result, there is no alternative option but to close these 44 stores in May."

"We are fully aware of the impact these closures will have and are working with a number of relevant agencies and third parties to assist employees affected by the store closures. We would like to take this opportunity to thank all employees for their professionalism and dedication during this difficult time."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News


Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing