It has been reported that the Card Factory has seen a 2.7% sales growth in the first half of its financial year.
The success of the Card Factory’s new store opening programme is set to carry on as the company plan another 50 net new stores in the existing financial year, which will bring the greeting card retailers total estate to 800.
The company’s Getting Personal online business is also doing well, however it may come across more challenging figures in its second year.
Card Factory’s chief executive, Richard Hayes, said: “It is pleasing to report that the group traded well in the first half of the current financial year with good growth continuing from the existing store estate and new store roll out programme, as well as our developing online proposition. We were delighted to open our 800th Card Factory store in Reading, and to relaunch an enhanced transactional Card Factory website.
“We remain confident of our ability to continue to increase market share whilst delivering on all four pillars of our growth strategy.”
