Home Business News Card Factory has record year of sales

Card Factory has record year of sales

by LLB Reporter
5th Jun 19 9:43 am

The Card Factory has had another year of record sale as Valentine’s Day and Mother’s Day helped to boost sales amid tough high street conditions.

In the three months to 30 April sales rose by 6.4% or by 2.3% on a like-for-like basis.

Karen Hubbard, the chief executive of Card Factory, said: “We have had a positive start to the year with like-for-like sales growth despite challenging consumer sentiment and negative footfall on the high street.

“We have seen a good customer reaction to our seasonal card ranges over the quarter, with yet again record card sales in volumes and value for both Valentine’s Day and Mother’s Day.”

Retail experts at Liberium said the firs quarter was a “good result.”

Adding, “There is some help from an easier comparative, but we think credit is deserved for management’s self-help measures around range and quality.”

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