STAFF at Skegness’s Clinton Cards will have welcomed the news that the store is not among the 44 earmarked for imminent closure.
As reported, the chain fell into administration earlier this month and staff had waited anxiously to hear their fates after administrators Zolfo Cooper announced around 200 Clinton Cards and 150 subsidiary Birthdays stores would go.
Last week, the firm released the initial list of stores that faced immediate closure and the Skegness branch was absent from the list.
But more than 300 stores still look destined for closure as the company looks to shore up its finances, with the rest being announced in the coming weeks.
A statement confirmed that more jobs would be lost in the coming weeks, adding to the near 400 already affected across the country to take the total to around 2,800.
Peter Saville of Zolfo Cooper said: “Since our appointment, we have been seeking to preserve value and sell the core underlying business as a going concern. We have received expressions of interest from a number of third parties and are confident that the remaining retail estate will be better placed going forward. It appears unlikely, however, that we will be able to find a buyer for the majority of the Birthdays stores.”
Sixty six jobs also went at Clinton Cards’ head office in Essex.
It is believed rival companies including WH Smith are looking at taking over some of the stores but as yet no move has been made.
Speaking in last week’s Standard, Glenis Brown, Chair of the Skegness and District Chamber of Commerce, said she wasn’t optimistic but said it would be sad if it did close. She said: “It will be sad to see a gap in Lumley Road because it was a nice shop for the town to have.”
But it looks like the Skegness branch is here to stay for the time being and the Louth store is to remain open also.