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Best of 2024: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys value offer resulted in the retailer losing its grip on the industry. in pre-tax losses as sales plunged 25% to 96.5m

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Will Aldi leapfrog Asda as the UK’s third biggest supermarket?

Retail Gazette

The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. The gap between Aldi and Asda is closing in as the German discounter revealed this week that its pre-tax profits had more than trebled to £536.7m year on year.

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Best of 2024: Will Aldi leapfrog Asda as the UK’s third biggest supermarket?

Retail Gazette

The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. Its results are a stark contrast to Asda, which reported a return to profit earlier this year of 180m in the year to end of December 2023, up from a 432m loss in 2022.

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Interview: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factory’s value offer resulted in the retailer losing its grip on the industry. in pre-tax losses as sales plunged 25% to £96.5m