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The collapse of Clinton Cards has put the boss of Ohio-based supplier American Greetings at the centre of the controversy.
Zev Weiss, chief executive of greetings card supplier American Greetings, might have quite a few apology cards to write in some people's opinion, following his company's role in the collapse of specialist retailer Clinton Cards.
Some took a dim view of the seemingly harsh and unexpected way American Greetings bought Clinton Cards' £35m debt only to immediately demand repayment, pushing the retailer, present on many high streets, into administration last week.
It seems that the long-standing relationship between American Greetings and Clinton Cards turned sour as the retailer's new chief executive, Darcy Willson-Rymer, sought to turn around the business following a strategic review. There has been speculation that American Greetings did not think the plans went far enough.
American Greetings was the largest supplier to Clinton, whose 700-store business was American Greetings' only UK retail outlet. And, by Weiss's...