Clintons was acquired by Cardzone in March


Clintons was acquired by Cardzone in March, joining 163 stores to Cardzone’s 175 UK locations.However, Clintons has reported to be struggling with £5.4m in pre-tax losses and a 25% sales drop. Current challenges include:

Closing of 38 stores to avoid insolvency.
Store sizes being too large for modern high street demands.

Future Outlook:
Major restructuring is needed, including store closures.
A challenging Christmas period is anticipated.
Profitability not expected until post-Christmas 2025.


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