Card Factory continues to Build on Success
22 January 2015
The Wakefield based leading specialist retailer of greetings cards, gift dressings and associated gift and party products continues to report growth in both revenue and the opening of new stores.
As of 31 December 2014, Card Factory now operates 764 stores and experienced revenue growth of 8.1% in the 11 months up to the end of 2014.
It maintains it can continue its current trend of opening 50 new stores per year, almost one a week!
A new investment in modern electronic point-of-sale (EPOS) system, now installed in more than half its stores, alongside the expansion of its online operation have continued to boost their success.
Chief Executive Richard Heyes said:
"The strength of our retail proposition is the key to our consistent performance and we are well placed to further improve our customer offer in the year ahead.
"This is underpinned by our established vertically integrated model which has been developed over the past decade with significant investment.
"As the clear market leader, we remain confident of our ability to achieve further profitable growth."