Another big company in trouble

[pornomagboy]

m.guardian.co.uk

 

[Notters]

You wonder how; they sell little pieces of paper for £3 and they're always packed! Surely moonpig doesn't offer that much competition, it's a pretty crap service.

 

[Safeway]

The only surprise is how long it's taken to come, since the emergence of Card Factory.

 

[beorhthelm]

The only surprise is how long it's taken to come, since the emergence of Card Factory.

this, and the supermarkets moving in to cards, and online.

 

[Manx Shearwater]

They've failed to invent enough 'days' and paid the ultimate price.

 

[Badger]

Not really surprising, I imagine they have pretty high overheads and you have to sell a lot of cards to break even, especially when they have TWO fairly large stores in the centre of town.

 

[Simster]

The only surprise is how long it's taken to come, since the emergence of Card Factory.

Wise words. You can buy 7 budget cards for a quid in Card Factory, and they're really not all that crap.

How on earth has it taken this long to put Clintons out of business. The job losses are sad, but the company itself is no great loss to the high street, IMO.

 

[brunswick]

good - cut down trees for so many silly occasions - good ridance.

 

[Colossal Squid]

Why would ANYONE piss about in a Clintons looking for a card? You then have to go buy stamps and THEN find a postbox.

HASSLE

I go online, pick a card on screen, personalise it, type in the address and pay and it's all done

 

[daveinprague]

Dont think it will be long before watch manufacturers start noticing that all mobile phones do what watches used to do...and panic into diversifying...Only worn my watch a couple of times since having mobile phone.

 

[Manx Shearwater]

Still they might end up shifting quite a few 'Sorry You're Leaving' cards for their own staff.

Every cloud and all that...

 

[Colossal Squid]

Dont think it will be long before watch manufacturers start noticing that all mobile phones do what watches used to do...and panic into diversifying...Only worn my watch a couple of times since having mobile phone.

Or watch companies could buck up their ideas and develop stylish wrist phones.

 

[Badger]

Dont think it will be long before watch manufacturers start noticing that all mobile phones do what watches used to do...and panic into diversifying...Only worn my watch a couple of times since having mobile phone.

A quick glance at your wrist vs getting your phone out of your pocket, turning the screen on and then putting it back in your pocket.

I know which I prefer.

 

[Lincoln Imp]

Why would ANYONE piss about in a Clintons looking for a card? You then have to go buy stamps and THEN find a postbox.

HASSLE

I go online, pick a card on screen, personalise it, type in the address and pay and it's all done

A posted card, signed and perhaps with a brief message, can be a classy gesture. An emailed device is just naff, like petrol station flowers and someone playing I Did It My Way at a funeral. Having said that, I have never seen a card in Clintons that I could possibly send to anyone I'm remotely fond of.

 

[algie]

Why would ANYONE piss about in a Clintons looking for a card? You then have to go buy stamps and THEN find a postbox.

HASSLE

I go online, pick a card on screen, personalise it, type in the address and pay and it's all done

Maybe i'm old fashioned but i like to receive cards where someone has taken the time to fill them out themselves. The same applies when i send them to people.

 

[Badger]

A posted card, signed and perhaps with a brief message, can be a classy gesture. An emailed device is just naff, like petrol station flowers and someone playing I Did It My Way at a funeral. Having said that, I have never seen a card in Clintons that I could possibly send to anyone I'm remotely fond of.

Indeed, despite their vast collection catering for every possible person you might want to send a card to they do seem to be lacking in terms of content. I always buy cards from shops but I tend to find much better ones in smaller independent retailers or even WHSmith.

 

[timco]

Clinton Cards is not a big surprise was on my dodgy shares watch list for ages but I decided they were too dodgy even for me and that means they are doomed usually, although I do get some wrong, DSG being one so far.

Their problem really is not the state of the market but the fact they expanded too quickly and took on a load of debt which they cannot now service and cannot find new sources of finance, fairly similar to Woolies (although in Woolies case it was the asset stripping of Kingfisher before they launched them on their own again that really caused Woolies debt).

They will not disappear the debt has been sold to their largest supplier who has insisted they pay the loan back and no doubt will buy the prime assets out of administration re-brand and carry on. They have basicly bought the assets on the cheap making the shareholders, and other creditors pick up the bill.

 

[Cantona's Flying Dropkick]

Clinton Cards goes into administration - BBC

 

[Chicken Runner61]

Clinton Cards is not a big surprise was on my dodgy shares watch list for ages but I decided they were too dodgy even for me and that means they are doomed usually, although I do get some wrong, DSG being one so far.

Their problem really is not the state of the market but the fact they expanded too quickly and took on a load of debt which they cannot now service and cannot find new sources of finance, fairly similar to Woolies (although in Woolies case it was the asset stripping of Kingfisher before they launched them on their own again that really caused Woolies debt).

They will not disappear the debt has been sold to their largest supplier who has insisted they pay the loan back and no doubt will buy the prime assets out of administration re-brand and carry on. They have basicly bought the assets on the cheap making the shareholders, and other creditors pick up the bill.

Havent they bought the debt to try and get some of the assets by placing themselves in administration in the hope they will lose less than letting the whole lot go back to the banks that had first dibs?
The present owners were carrying on under the protection of the banks who would liquidate them as soon as there was enough money to cover their loans!

 

[daveinprague]

A quick glance at your wrist vs getting your phone out of your pocket, turning the screen on and then putting it back in your pocket.

I know which I prefer.

but a lot wont be that bothered mate... and If i was a watch manufacturer, I would be thinking about it seriously.
Plus a lot of the time, how often do you see somebody taking a phone out of their pocket... walking around, it seems like most people have them welded to their palms.