CLINTON Cards will close 350 stores across the UK, leading to the loss of 2,800 jobs, administrators Zolfo Cooper revealed yesterday.
The high street retailer entered administration on 9 May after defaulting on loan repayments.
Zolfo Cooper yesterday said Clinton Cards is “burdened with an untenable retail estate” and 350 of its 784 stores nationwide will “regrettably” close.
The scheme, which will hit all of the Birthdays stores and about 200 shops under the Clinton brand, will begin closing next week and continue into June.
t the restructuring firm, said, “We were left with no alternative to today’s difficult decision.”