Birthdays card retailer put on the market

Thu, 08 Mar 2012 | DIVISION SALE

The struggling greetings card retailer, Birthdays, has been put on the market by its owner Clinton Cards in an effort to return to profit.

Ernst & Young has been brought in to manage the sale process of the 141-store Birthdays chain, as part of Clinton’s new chief executive’s aim to improve the group’s performance, The Independent reported. The group had made losses of £10.66 million for the year ending 31 July 2011.

Clinton’s has been working to shrink the Birthdays chain over the past few years. In 2009 it bought back 196 Birthday’s shops out of administration, and also put the chain through a liquidation process in the Republic of Ireland in 2011.

Clinton’s new chief executive is Darcy Willson-Rymer, the former UK managing director of coffee giant Starbucks. He kicked off with a strategic review shortly after starting at his new post.

The review of the business is due to be finished in late April, a spokesman for Clinton’s told The Independent. “This is critical for the successful turnaround of the business and by necessity looks at every part of the group, including both Clintons and Birthdays,” he added.

Birthdays’ accounts showed a loss of £8.6m for 2010-2011. Recent figures revealed that like-for-like sales fell by 2.7 per cent during the five weeks to 1 January 2012. In comparison, Clinton's sales increased by 0.8 per cent for the same period.

Share this article

Latest Businesses for Sale

Import & Export Business
Kent, South East, UK

Relocatable. Long standing contracts. Significant room for expansion. International connections. Offers Invited.

Asking Price: £120,000
Turnover: £432,000


Licensed Thai Restaurant & Takeaway
Somerset, South West, UK

Fantastic Freehold restaurant opportunity in a quaint Somerset market town. With an immediate population of 45,000, and around 70,000 visitors annually, this restaurant benefits well from local and visiting trade. Offers invited.

Asking Price: £165,000
Turnover: £82,000


Debt Collection Agency
South East, UK

Well-established debt collection agency in Southend-on-Sea. Essex. In close proximity to the M25. They are ideally located. Being a telephone collection agency, they are able to cater for clients countrywide. Offers invited.

Asking Price: £198,000
Turnover: £350,000


View more businesses for sale

News Search

Latest News


Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...


Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources