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Five jobs lost as Birthdays closes
Strabane’s greeting card outlet Birthdays is to close after administrators moved to shut all stores across the north on Wednesday.
The Castle Street store will join Birthdays outlets in Omagh, Cookstown and Dungannon, who will all begin moves to close on Monday.
Five jobs will be lost at the Strabane retailer.
The futures of Birthdays was placed in doubt last week (May 9) after administrators were appointed to Clinton Cards Plc, who operate the greeting card chain.
On Wednesday evening, the joint administrators at corporate restructuring firm Zolfo Cooper, said the company had been working to assess and stabilise the company’s financial position, with a view to preserving value and seeking to sell the business as a going concern.
However it said it had no choice but to close 350 of the group’s 784 stores, including all Birthdays outlets across the North. Approximately 2,800 across Northern Ireland and Britain will lose their job.
The administrators said the exact locations, timings and employee numbers will be confirmed shortly.
Joint administrator Peter Saville said, ”Given the sheer size of the Clinton Cards retail estate and the overall performance, we were left with no alternative to today’s difficult decision.
“I am hopeful that the action we have taken will allow us to preserve value in the core underlying business, thereby allowing us and potential buyers to focus on a profitable and viable retail estate going forward.”