Card Factory sales rise

Card Factory has seen increased revenues and profits despite store sales taking a hit from slowing footfall on Britain’s high streets.

The gifts and greetings cards retailer, which has outlets in Tayside and Fife – said like-for-like sales rose 0.2% in the six months to the end of July.

Revenues lifted 4.8% to £169.2 million over the period, while pre-tax profits rose 7.3% to £27.6m.

The company said trading in recent weeks was similar to trends seen in the first half of the year.