All Card Factory articles – Page 2
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Prospect AnalysisCard Factory (Financials)
Card Factory swung back into the black in the year to end-January 2022 (FY2021) on the back of a 27.8% rise in sales to £364.4m; this reflected a 33.4% increase in store sales, offset by a 13.5% drop in total online sales, including the Getting Personal website, following the previous year’s record levels.
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Prospect Analysis
Ecommerce at Card Factory
Card Factory has been accelerating investment in multichannel, and online growth has been strong in recent years.
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Prospect Analysis
Stores at Card Factory
While its store rollout programme remains an important part of Card Factory’s growth strategy, Covid-19 has impacted the pace at which it has opened stores. Moving ahead, store relocations will also be important for driving growth.
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Prospect Analysis
Card Factory (People)
Former Costcutter and Clinton Cards chief executive Darcy Willson-Rymer was appointed as CEO from March 2021, replacing Karen Hubbard who stepped down in June 2020 after four years at the helm.
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Prospect Analysis
Card Factory (Outlook)
The retailer should be able to continue to benefit from the search for value having become more engrained in the UK consumer psyche as a result of the pandemic and with the cost of living crisis continuing to escalate in 2022.
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News
Card 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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News
Card 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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News
Card 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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News
Card 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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Opinion
Opinion: 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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News
Card 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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Analysis
John 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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News
Card 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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News
Card 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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Analysis
New 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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Analysis
From 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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News
Card 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”.
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News
Card Factory appoints former Fenwick exec as chief information officer
Card Factory has appointed a former Fenwick executive as its new chief information officer.
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News
Card Factory posts sales rise helped by store openings
Card Factory has recorded a 5% rise in group sales in the year to date and expects profits to meet expectations.
