Card Factory boss says high street shopping 'thriving' as Yorkshire firm plans new openings

  • 📰 The Yorkshire Post
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Card Factory’s success demonstrates the continued strength of high street shopping as the Yorkshire firm saw its revenues surpass £500m and plot dozens of new store openings, its CEO has said.

Darcy Willson-Rymer told The Yorkshire Post that the Wakefield-headquartered company sees the opening of more shops as central to its strategy to grow sales to £650m by the 2027 financial year. He said: “I believe we have thriving high streets today. I don’t support a ‘death of the high street’ narrative at all and our results talk to that. 'High streets are part of the community and people want to go there to do shopping and meet other people. They are very important.

Card Factory has announced the resumption of dividend payments to shareholders after reducing debts by almost 40 per cent. Mr Willson-Rymer said that is combined with efforts to “invest for growth”, with money recently spent on new equipment at its print factory in Baildon and refurbishing its design studio in Wakefield. The company’s average card selling price has risen from £1.09 to £1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 39. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Yorkshire Vet: Listening to politicians rather than patients as North Yorkshire mayoral elections loomNot for the first time, Anne came to the rescue. We’d both been invited to an event in Masham to find out about the forthcoming Mayoral elections for North Yorkshire and York, on 2nd May and hear about one of the hopeful candidates. The evening meeting started at six o’clock.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

The Groucho Club, Yorkshire: Construction underway as Yorkshire prepares to welcome The Groucho ClubDamien Hirst put £20,000 of his winnings on a free bar after his Turner Prize Win, The Spice Girls had their membership denied and Stephen Fry banned mobile phones in the bar.These are just some of the famous tales surrounding The Groucho Club which will land in the heart of the Yorkshire Sculpture Park in 2026.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Wild swimming in Yorkshire: Best places in Yorkshire to go wild swimming during the summer monthsAs we approach summer, people will be looking forward to participating in outdoor activities so we have compiled a list of places in Yorkshire to go wild swimming.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Family mystery solved after woman spots great uncle's charm at Yorkshire exhibitionA North Yorkshire woman has solved a family mystery after spotting a charm which forms part of a new exhibition at Scarborough Art Gallery.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Plan for new secondary school on 'top grade' farmland in Yorkshire should be approved, say plannersA Department for Education proposal to build a school for children with special educational needs and disabilities (SEND) across top grade farmland should be approved, planners have recommended, after years of calls the provision was desperately needed in the area.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Maltby Grammar School: Historic Yorkshire grammar school clock chimes again after almost 15 years of silenceResidents in Rotherham have been treated to a nostalgic melody as the clock on the old Maltby Grammar School chimed for the first time in almost 15 years.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »