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Card Factory sees lower core profit as election dampens Christmas cheer

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(Reuters) - British greeting card retailer Card Factory Plc said it expected lower annual earnings as last month's general election and weak consumer confidence hurt performance in the key Christmas period, sending its shares down 17%.Retailers on the High Street have been hit by lower footfall, online competition and higher costs of maintaining brick-and-mortar stores. This was likely to have an..
Date Published: Jan 09, 2020
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