Retail News
Nottinghamshire based card and gift retailer, Cardzone Ltd, continue their expansion programme with the acquisition of the business of Occasions Retailing Limited from the Administrator.
Mark Bradley of FHP Property Consultants who acts for the retailer commented:-
“Six shops have been acquired in the south west in towns including Didcot, Plymouth, Fareham, Warminster and Royal Wootton Bassett.
In addition, two shops were acquired from the administrator representing ICandy, the chain established by the former chairman of Clinton Cards. The two stores are in Witham and Epping.
A further two stores were acquired from a local independent trading in Gloucester and Bristol and most recently a single shop business acquired in Buckley, North Wales.”
With the acquisition of the Hallmark UK retail business in 2016 trading from some 20 factory outlet centres throughout the UK, Cardzone now operate from some 115 branches and are currently pursing further opportunities to expand through the acquisition of independent businesses, relocations and new sites.