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Tag: 2500

Card retailer Clintons seals rescue deal that saves 2,500 jobs | Business

Clintons, the card retailer, has been bought out of administration in a deal that safeguards 2,500 jobs. The pre-agreed deal with the chain’s existing US owners comes after Clintons failed to win support from landlords for an insolvency procedure known as a company voluntary arrangement (CVA) under which it wanted to cut rents and close …

Card retailer Clintons seals rescue deal that saves 2,500 jobs | BusinessRead More

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | Business

Mothercare is to appoint administrators to its UK high street chain, putting 2,500 jobs at risk. The baby and maternity retailer said it had become clear its 79-shop UK chain, which lost £36.3m last year, would not return to profitability and that it had failed to find a buyer for the business. The shops will …

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | BusinessRead More