Bexleyheath card shop jobs saved - but anxious wait for some staff
PUBLISHED: 13:30 08 June 2012
Up to 19 jobs have been saved in Bexleyheath after the Clinton Cards store in the Broadway Shopping Centre was snapped up in a deal.
It was announced on June 7 that a US retailer, American Greetings, has bought more than half of the 750 Clinton Cards after the company was placed in administration last month.
The Broadway branch was included in the purchase, putting at rest the fears of the 19 employees working there.
The Clinton Cards store in Eltham High Street where nine people work was also taken over by American Greetings.
However the Birthdays store in the Broadway Shopping Centre, which was owned by Clinton Cards, will close along with every other Birthdays branch across the UK.
There were eight employees working at Birthdays in Bexleyheath Broadway which remains open until a closing down date is announced.
Across the UK the national chain owned more than 750 stores and employed more than 8,000 staff. After 45 years of success in the greetings cards market, Clinton Cards struggled to survive in the recession and on May 9 was placed in administration.
American Greetings will take on 397 stores which will save approximately 4,500 jobs.
In nearby Bromley and Orpington, two Clinton Cards stores were excluded from the deal and remain in the hands of the administrators while 14 anxious employees await to hear their fate.
A spokesman for the administrators said the remaining stores are open to offers from potential buyers: “The joint administrators will now focus their efforts on the store portfolio identified as part of the closure programme and as part of this exercise the joint administrators continue to welcome expressions of interest for this part of the estate, as a whole or in part.”
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