3,000 workers axed as Clinton Cards folds

Nearly 3,000 jobs are to be axed after the administrators of Clinton Cards announced plans to close 350 stores.

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.

Peter 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.”