Search

Free with the EDP and Evening News on Friday - 56-page Wembley Souvenir Picture Special Pink Un

Thetford Clinton Cards to close today

14:58 23 July 2012

Clinton Cards in Thetford will close down

Clinton Cards in Thetford will close down

The Thetford branch of Clinton Cards will close its doors for the final time today (Monday), with the loss of up to four jobs.

The group, the UK’s biggest specialist cards retailer, fell into administration last month after its biggest supplier, American Greetings, called in a £35 million debt, putting it in pole position to buy the chain by making it a preferential creditor.

Some 397 of its stores were sold to Ohio-based American Greetings, saving 4,500 jobs across the country.

But administrators Zolfo Cooper have now announced the closure of the last remaining 76 shops due to “deteriorating market conditions”.

This, they said, meant there had been no interest in the purchase of them as a growing concern.

Town councillor Terry Jermy said: “I think any shop closing at the moment is a big disappointment for the town. “It’s a bit of a shock and it’s a prime location and good shop. It’s an interesting one because, yes, card shops have suffered with online cheaper alternatives but this time it was the banks.”

Partner at Zolfo Cooper, Peter Saville, said the decision to close the remaining stores was taken with “regret”.

He added: “We are nonetheless pleased that in an extremely challenging retail environment we were able to effect the sale of almost 400 stores thus preserving something in the region of 4,500 jobs.

“I would like to take this opportunity to thank all of the employees of the former Clinton Cards business we have worked with during the administration period for their professionalism and dedication and to wish them well for the future.”

3 comments

  • I've sent them a " Sorry you're closing card. ".

    Report this comment

    LARSON.E. WHIPSNADE

    Monday, July 23, 2012

  • I've sent Bookworm a " Hope you get well soon but i very much doubt it as what you have is beyond cure except by trepanning " card. Shop assistant told me it was quite a popular choice in rural areas.

    Report this comment

    LARSON.E. WHIPSNADE

    Monday, July 23, 2012

  • same old joke from LW--not worth repeating.u should show more sympathy instead of trotting out juvenile remarks identical to the one posted when Clintons closed another branch.

    Report this comment

    bookworm

    Monday, July 23, 2012

The views expressed in the above comments do not necessarily reflect the views of this site

Other news

Conservatives David Bowman (left) and council leader James Waters both retained their seats on Forest Heath District Council

The Leader of Forest Heath District Council has been re-elected unanimously, and a new look Cabinet selected at its first meeting since the election.

13:05
Emergency services at the scene of the fatal crash near Rougham

An 18-year-old man has died in Addenbrooke’s Hospital following a serious road crash on the A14 near Rougham.

Thieves stole money, alcohol and goblets from a property in Walcott.

Vandals have scratched the paintwork of a Mercedes and Subaru in Thetford.

The A134 closed for an hour and several homes had to be evacuated after a fence fire which threatened to spread to a number of propane cylinders.

Most Read

13:05
Emergency services at the scene of the fatal crash near Rougham

An 18-year-old man has died in Addenbrooke’s Hospital following a serious road crash on the A14 near Rougham.

Read more
Suffolk police
Police Officers. Picture: Ian Burt

A 38-year-old man is appearing at court this morning charged with three counts of burglary after breaking into three homes and stealing items including frozen foods.

Read more
Yesterday, 11:01
The forthcoming Thetford Riverside Development. Image: LSI Architects

Thetford’s new Riverside Development will create more than 75 jobs, its developers have confirmed.

Read more
Thetford
09:56
Emergency services have been called to a two-vehicle collision on the A140 in Long Stratton. Photo: Denise Bradley

Train lines and roads are returning to normal this afternoon after a string of rush-hour delays for Norfolk drivers and passengers earlier today.

Read more

The A134 closed for an hour and several homes had to be evacuated after a fence fire which threatened to spread to a number of propane cylinders.

Read more
Norfolk Police

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 9°C

Digital Edition

Image
Read the Thetford and Brandon e-edition today E-edition