Sales growth for Card Factory despite ‘challenging’ environment
Wakefield-headquartered retailer Card Factory has reported a 5.5% rise in total group sales for the first half of 2019, despite a tough consumer environment.
The listed specialist seller of greeting cards, dressings and gifts, also confirmed like-for-like sales were up 1.5%, along with a further expansion of its store network, with 26 net new UK shops opened.
The business said it was on track for a target of about 50 net new stores across the UK and Republic of Ireland for the full year, and expects a return of surplus cash to... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...