Buyout hope for Clinton Cards staff in Cumbria
Last updated at 10:59, Saturday, 12 May 2012
Dozens of threatened workers at Cumbrian branches of Clinton Cards were given fresh hope after rumours of a possible buyout emerged.
WH Smith and Card Factory were both yesterday reported to be interested in snapping up the stricken chain.
Clinton Cards, which has two branches in Workington and shops in Carlisle, Penrith and Whitehaven, hit financial trouble on Wednesday after its biggest supplier forced it into administration.
But it emerged yesterday that WH Smith is interested in buying up to 350 stores, out of the company’s total estate of 628 Clintons and 139 Birthdays shops.
Card Factory, Clinton’s biggest competitor with 596 stores, is also thought to have approached administrator Zolfo Cooper.
WH Smithdeclined to comment.
It is also thought that Clintons’ founders, the Lewin family, are interested in buying the chain.
The firm’s collapse follows pre-tax losses of £3.7m in the 26 weeks to January 29.
First published at 08:58, Saturday, 12 May 2012
Published by http://www.newsandstar.co.uk
Hot Jobs
Featured companies
Search for:
Vote
 |
 |
- Pirelli factory death probe ordered tougher safety measures
- See the full list of Cumbrian offences plus the latest H&S advice
- £1.7BN INVESTMENT IN CLEANING UP SELLAFIELD
- Cumbria sets up links with Chinese university
- BT to recruit engineers for Cumbrian superfast roll-out
- Cumbrian success in Visit England awards
- Profits plunge for West Coast Mainline bidder FirstGroup
Quick links
Visit our websites for...
- Police want to speak to two drivers in Lindal fatal collision investigation (41 comments)
- Furness Academy in Barrow placed under special measures (187 comments)
- Girl dies after being hit by minibus on A590 between Barrow and Ulverston (11 comments)
- Low drop out rate for brave Keswick to Barrow participants despite harsh conditions (11 comments)
- Barrow brawl victim moved to Preston for treatment (12 comments)
- Furness Academy in Barrow placed under special measures (187 comments)
- Cumbria police to target illegal and unsafe motorbikes during bank holiday operation (41 comments)
- Police want to speak to two drivers in Lindal fatal collision investigation (41 comments)
- Eight years for arsonists who torched Dalton beach kiosk for thrills (33 comments)
 | ||||||||||||
|
 | ||||||
|
Coach, camping and festival tickets available
Book Now with only £45 deposit
Weston Park Staffs, 16-19 August
• Click here to order
 |
 To save our contact details direct to your smartphone simply scan this QR code |
 |
| Evening Mail Going Out |
| Boosting Barrow and Furness |
| Love your life, Live your life | Community news pages - join the Facebook page for your town or village |
