Monday 21 May 2012

Approximately 3,000 jobs lost as Clinton Cards goes into administration


Having been in business since 1968 and trading as the largest UK retailer across its two retail brands, (Clinton Cards and Birthdays) it has come as a huge blow for almost 3000 employees to lose their jobs as the company goes into administration. The group has suffered due to bad trading conditions causing significant cash flow problems.

Half of Clinton Cards retail estate will close, taking the number of stores from 784 to 350 Nationwide. The closures include 200 Clinton Card stores with the remainder being all of the Birthdays stores.

With Moonpig doing so well it may be fair to say that Clintons and Birthdays need to reconnect with the great British card buying public.

The key to business survival, particularly when running a small business is to stay in control and to talk to a professional within the industry. Call Beer and Young today for a free, no obligation chat.

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