Card Factory
This coverage examines Card Factory’s strategy, operations, and performance in the UK greeting cards and value retail sector. Reporting highlights financial results, store openings, product strategy, leadership changes, and market positioning. Aimed at retail executives, buyers, and managers tracking trends in affordable gifting, consumer demand, and competitive dynamics within value-led retail.
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Sep- 2025 -30 SeptemberHigh Street
Card Factory profits fall despite revenue uplift
Card Factory has announced that its adjusted profit-before-tax has fallen 46.4% to £7.5m for the six months ended 31 July, compared with £14m in HY25. The company put this down to the timing of efficiency-focused investments including an upgrade to its point of sale till system. Despite this, the group’s…
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Aug- 2025 -21 AugustHigh Street
WHSmith lowers US profit forecast after £30m accounting overstatement
WHSmith has cut its profit forecast for its North American business after uncovering an accounting overstatement of around £30m. As a result, it now expects headline trading profit from North America to be about £25m for the year ending 31 August 2025, compared with previous market expectations of around £55m.…
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15 AugustOnline & Digital
WH Smith completes Funky Pigeon sale
WH Smith has confirmed that it has completed the sale of Funky Pigeon to Card Factory for £24m. Following the disposal, WH Smith has stated that it has completed its move to becoming a pure play global travel retailer. As a result of this deal Card Factory is now the…
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Jul- 2025 -31 JulyHigh Street
Card Factory opens 1,100th store at Cheshunt retail park
Card Factory has opened its 1,100th high street store in Cheshunt, Hertfordshire, as the greetings card and gift retailer expands its national footprint. The new outlet, based at Brookfield Retail Park, welcomed its first customers on 31 July and has created 12 local jobs. Regional manager Maureen Wheele led the…
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29 JulyHigh Street
Card Factory acquires Funky Pigeon from WH Smith for £24m
Card Factory has agreed to acquire online personalised greeting cards group Funky Pigeon from WH Smith for £24m. Once the deal is complete, Card Factory will be the second largest online card and attached gift retailer in the UK market, according to the group. It added that over time, Funky…
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May- 2025 -7 MayNews-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she served as chief customer and marketing officer, overseeing brand strategy, digital, and PR. With prior experience at Sainsbury’s and Barclays, she aims to reinforce Asda’s position as the UK’s lowest-priced…
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7 MayHigh Street
Card Factory sales and profits rise in FY25 amid growth strategy
Card Factory has welcomed a year of “resilient” trading, with both revenues and profits rising as the group implemented its growth strategy and expanded its store portfolio and product offerings over the period. In the full-year ended 31 January 2025, adjusted profit before tax rose by 6.3% to £66m, while…
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Jan- 2025 -14 JanuaryNews-In-Brief
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market conditions during the holiday season. Sales in the nine weeks to January 4 dipped 1.5%, though December saw a 1.5% rise in like-for-like sales. Organic revenue grew 3.4%, driven by…
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14 JanuaryHigh Street
Card Factory revenues rise 4.7% over Xmas period
Card Factory has revealed that total revenues rose by 4.7% in line with expectations in November and December, thanks to higher average basket values due to expanded ranges and sales of gifts and celebration essentials. For the 11 months to 31 December 2024, the retailer saw total sales rise 6.2%…
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Dec- 2024 -16 DecemberNews-In-Brief
Today’s news in brief-16/12/24
Isak Andic, founder of the global fashion retailer Mango, has died at the age of 71 following a tragic hiking accident in the Montserrat mountains near Barcelona. Spanish media reported that Andic fell down a 150-metre ravine while exploring deep caves in the region. Born in Turkey and later settling…
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