Clintons Cards announce store closures (From Daily Echo)
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Thousands of jobs face the axe as hundreds of stores will close
6:53pm Wednesday 16th May 2012 in Business
By Melanie Adams, Health Reporter
Clintons Cards announce store closures
NEARLY 3,000 jobs will be axed after the administrators of Clinton Cards announced 350 stores face closure.
It is still unclear which Clinton Cards shops will face the chop but all of the group's Birthdays stores will be closed, including the ones in Southampton and Fareham.
Roughly 200 Clintons-branded stores will close as administrators said the business was “burdened with an untenable retail estate”.
The move will see 2,800 full and part-time staff lose their jobs in a wave of store closures starting next week and continuing into June.
Comments(2)
Shoong
says...
11:49am Thu 17 May 12
Huffter wrote:Yes, but people can afford to use online card services like Moonpig.com.
Not many people can afford to buy a card AND post it. Clinton's closure was on the cards.....
Clinton Cards didn't change with the market so failed.
It is to do with money, but in the context that we know that we can get a customised card and have it posted for us at for not much more than Clinton was selling it's tat for.
Huffter says...
11:06am Thu 17 May 12