*** Welcome to piglix ***

Celebrations Group

Celebrations Group Ltd
Private (Ltd)
Industry Retail
Fate Administration
Founded 2006
Defunct 2009
Headquarters Orton Southgate, Peterborough, PE2 6YG
Key people
Milton Guffogg (CEO)
Products Greeting Cards
Calendars
Number of employees
1800

Celebrations Group was a chain of British greeting cards stores. Most of their stores traded under the names of Cardfair and Card Warehouse. Celebrations Group was formed in 2006 when it purchased part of the Greeting Card Group from administrators PricewaterhouseCoopers.

The company had 288 stores across the United Kingdom and employed around 1800. It had a head office in Peterborough.

Celebrations Group also fully owned the transactional website Calendar Factory.

On October 8, 2008 Kroll Corporate Advisory & Restructuring Group (now known as Zolfo Cooper Europe) were appointed administrators of the company. The company entered administration due to cash flow difficulties.

On November 28, 2008 it was announced that Card Factory had purchased 76 of the groups 288 as part of a rescue package securing around 500 of the 1800 jobs.

The remaining 212 stores that were not purchased by Card Factory stopped trading on January 11, 2009, with only managers and assistant managers in on January 12, 2009 to deal with official store closures. Celebrations’ transactional website Calendar Factory stopped trading just before the New Year after it had run out of stock.


...
Wikipedia

...