By Marcus Leach

Two different sets of retail data were released this week, and whilst one paints a slightly less gloomy picture, there is no escaping the fact that the high street is still struggling.

That point was further reiterated when Clinton Cards warned that it expects its largest supplier to begin steps to place the troubled retailer into administration later on Wednesday.

For the six months ending January 2012 the retailer reported a loss of £3.7 million, and promptly revised its forecast for 2012.

And now, with administration the next step, the company said it had requested for trading in its shares to be suspended with immediate effect.

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