Saturday, October 5, 2024

High street card shop with 179 stores to close site as fans sob ‘it’s a shame’

Must read

A HIGH street card shop with 179 branches is closing another store and the exact date it will shut has been revealed.

Clintons has around 179 branches across the country in cities like LondonNottingham and Sheffield.

1

Clintons is set to close its store in Bournemouth, according to reportsCredit: Alamy

It sells everything from cards, gifts and party essentials like balloons.

But shoppers in Bournemouth will soon need to find an alternative retailer as the chain is set to close its store in the Castlepoint shopping centre on August 11, according to local news reports.

Shoppers have shared their sadness over the decision to close the site online, with one writing “it’s a shame”.

Writing in the Google reviews, another described it as “brilliant”.

Another said: “Lovely cards and I always buy them for my family.”

While a third wrote: “Always get a lovely reasonably priced card or cards at Clinton. Wouldn’t go anywhere else. Staff always helpful.”

The Sun has contacted Clintons for comment.

Clintons Cards announced last year that it is considering plans to shut 38 of its stores in a bid to avoid insolvency.

Half a dozen stores have already closed including in CambridgeshireCumbria and Northamptonshire.

The retailer pulled down the shutters to its branch in Castle Street, Hinckley, Leicestershire on February 17.

Shopping discounts – How to make savings and find the best bargains

Its branch in Kettering’s Newlands Shopping Centre closed on May 8.

Clintons will also close a branch in Bexhill town centre for good in August.

WHY IS CLINTONS CLOSING STORES?

Clintons is among retailers to have been affected by depressed high street footfall and competition from online rivals.

In August 2023, restructuring experts FRP Advisory and law firm Jones Day presented plans to save the business in an insolvency court.

They came up with a deal to save thousands of jobs and over one hundred UK stores.

But it also involved waving goodbye to a selection of shops that were not earning enough money to keep.

This led to the closure of stores in Cumbria, Bolton and Leeds last year.

Originally, Clintons planned to merge with another struggling stationary brand Paperchase.

However, the firm sadly went into administration at the start of last year.

At its peak, Clinton’s had 2,500 staff working across 335 shops.

Why are retailers closing shops?

EMPTY shops have become an eyesore on many British high streets and are often symbolic of a town centre’s decline.

The Sun’s business editor Ashley Armstrong explains why so many retailers are shutting their doors.

In many cases, retailers are shutting stores because they are no longer the money-makers they once were because of the rise of online shopping.

Falling store sales and rising staff costs have made it even more expensive for shops to stay open. In some cases, retailers are shutting a store and reopening a new shop at the other end of a high street to reflect how a town has changed.

The problem is that when a big shop closes, footfall falls across the local high street, which puts more shops at risk of closing.

Retail parks are increasingly popular with shoppers, who want to be able to get easy, free parking at a time when local councils have hiked parking charges in towns.

Many retailers including Next and Marks & Spencer have been shutting stores on the high street and taking bigger stores in better-performing retail parks instead.

Boss Stuart Machin recently said that when it relocated a tired store in Chesterfield to a new big store in a retail park half a mile away, its sales in the area rose by 103 per cent.

In some cases, stores have been shut when a retailer goes bust, as in the case of Wilko, Debenhams Topshop, Dorothy Perkins and Paperchase to name a few.

What’s increasingly common is when a chain goes bust a rival retailer or private equity firm snaps up the intellectual property rights so they can own the brand and sell it online.

They may go on to open a handful of stores if there is customer demand, but there are rarely ever as many stores or in the same places.

Latest article