All Card Factory articles – Page 2
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AnalysisResearch: How to future proof supply chains against global disruption
From diversifying supply bases to onshoring production, Retail Week’s Supply Chain 2022 report explores how retailers can mitigate the impact of Brexit and the pandemic on retail operations as the supply chain crisis rumbles on.
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NewsCard Factory cuts losses as it targets omnichannel growth
Card Factory has reported a reduced first-half loss and said a transformation to an omnichannel model is under way.
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NewsCard Factory slumps to loss as coronavirus batters sales
Card Factory has swung into the red after store closures during national lockdowns decimated its full-year sales.
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NewsCard Factory sales ‘exceed expectations’ as it completes refinancing
Card Factory has reported strong demand following its stores reopening in April.
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Retail Navigator AnalysisCard Factory (Financials)
Hailing robust results that reflected its “positive momentum across the business”, total sales for the Card factory group rose 27.2% to £463.4m in the year to end-January 2023 (FY2022) as people returned to shopping on the high street. Total online sales fell 27.3% to £17.3m in FY2022, which the retailer said reflected the “investment phase” of its two online businesses, Royal Mail strikes in the run up to Christmas and shoppers heading back to the high street. A surge in profits was driven by customers’ return to stores and a strong Christmas. The retailer reported pre-tax profits of £52.4m in FY2022, up from £11.1m the year before.
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Retail Navigator AnalysisCard Factory (SWOT)
Card Factory produces most of its own cards, which helps it to sell at very low prices and remain extremely profitable. This also differentiates the offer and enhances its ability to bring new ranges to market more quickly than its competitors.
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Retail Navigator Analysis
Card Factory (Overview)
Card Factory is one of the UK’s largest specialist greetings card retailers. It trades through more than 1,000 outlets throughout the UK and is pitched at the value end of the market.
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Retail Navigator AnalysisCard Factory (Strategy)
Card Factory operates a vertically integrated business model comprised of design, sourcing, printing, warehousing, distribution, a large physical store network and an online presence.
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NewsCard Factory losses mount as coronavirus batters store sales
Card Factory suffered further losses over the festive period, with stores forced to close under new coronavirus restrictions.
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NewsCard Factory drafts in Willson-Rymer as chief executive
Card Factory has appointed Darcy Willson-Rymer as chief executive, replacing Karen Hubbard who left in the summer.
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NewsCard Factory swings to loss as coronavirus hits sales
Card Factory has swung to a half-year loss after the coronavirus crisis battered its sales.
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NewsCard Factory sales exceed expectations after store reopenings
Card Factory has suffered a fall in sales but said revenues raked in from its stores since reopening after lockdown have exceeded its expectations.
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OpinionOpinion: Retail diversity shouldn’t hinge on one chief executive
This week, Card Factory chief executive Karen Hubbard will leave the business after four years at the helm.
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NewsCard Factory chief executive Karen Hubbard steps down
Card Factory boss Karen Hubbard is stepping down from her role at the end of this month after four years at the helm.
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AnalysisJohn Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
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NewsCard Factory full-year profits fall as it prepares for phased reopening
Card Factory has reported a drop in its full-year profits despite an increase in sales in a “challenging” year.
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NewsCard Factory, Moss Bros and N Brown warn of coronavirus impact
A clutch of retailers including Card Factory, Moss Bros, Watches of Switzerland and N Brown has warned of the impact of coronavirus on sales and profits.
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AnalysisNew year, new you? The retailers in need of reinvention
Many people have started the new year with a mission to reinvent themselves. Lose weight, get more organised, find a new job. Which retailers could benefit from adopting a similar approach and what could their reinventions look like?
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AnalysisFrom shunning toys to value-led shopping – the trends that defined Christmas
It has been a festive trading period dubbed by the BRC as “the worst on record”. With this week bringing the departure of a retail boss from one business and a profit warning at another, it does have the markings of a bleak Christmas.
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NewsCard Factory warns on profits after weak Christmas
Card Factory has slashed expectations for the year to come and its financial year ending January 2021 following a “softer than anticipated Christmas trading period”.
