CLINTON Cards - which has two shops in Scarborough - has warned it expects its largest supplier to begin steps to place it into administration.
As a result, the company said it had requested for trading in its shares to be suspended with immediate effect.
It said two of its banks had sold £35m of loans to supplier American Greetings.
The firm has a store on the corner of Westborough and Aberdeen Walk and another in the Brunswick Shopping Centre.
Founded in 1968, it is the UK’s biggest card retailer, operating 628 Clinton shops.