Major card chain to close 38 branches in bid to avoid collapse in fresh blow

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Major card chain to close 38 branches in bid to avoid collapse in fresh blow
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A MAJOR high street card shop will close 38 shops as part of a fresh bid to avoid collapse. Clintons will shutter dozens of stores in another major blow to UK high streets. Restructuring experts FR…

A MAJOR high street card shop will close 38 shops as part of a fresh bid to avoid collapse.Clintons will close dozens of stores to help the company return to profitRestructuring experts FRP Advisory and law firm Jones Day presented a plan to save the business in anThe deal will help save thousands of jobs and over one hundred shops across the UK.

But the retailer will still have to close 38 of its 225 stores in the hope that it'll return to profitability. The restructuring plan cuts the amount of business rates and rent Clintons has to pay on the loss-making stores that are set to close, according to the

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