THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Card Factory like-for-like sales up 2.6% in first half

Card Factory grew its like-for-like sales by 2.6% in the first half of its financial year.

GENERAL MERCHANDISE

Card Factory like-for-like sales up 2.6% in first half

In the six months to 31 July, total sales rose by 8.9% as the greeting cards retailer experienced strong growth from both its existing and new stores.

Card Factory opened 36 net new stores in the period to bring the total estate to 749 stores. In a statement the group said it had a strong pipeline of additional new store opportunities and is confident that it will open 50 net new stores in the current financial year.  

Richard Hayes, Card Factory chief executive, said: “The group continued to trade well in the first half of the current financial year with good growth coming from the existing store estate and new store roll out programme, as well as from our smaller but developing online proposition. We remain confident of the group’s ability to continue to grow market share for the foreseeable future and look forward to updating investors further in September.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing