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Card Factory plc is a retailer of greeting cards and gifts in the United Kingdom founded in Wakefield by Dean Hoyle and his wife Janet. The first store opened in 1997, and by 2020 the company had over 1,000 stores. [ 3 ]
On 28 November 2008 [7] it was announced that Card Factory had purchased 76 of the group's 288 stores as part of a rescue package, securing around 500 of the 1800 jobs. [6] In 2007, Card Factory, a greeting card retailer based in Wakefield, began a rapid expansion of its stores throughout the UK.
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In October 2012, 12 stores were disposed of and sold to its main rival Card Factory. In August 2023, Clintons was once again facing financial difficulties; the company appointed advisors to help it avoid insolvency and looked to close 38 of its 179 shops.
Dean Hoyle (born 16 April 1967) is the founder and former owner of Card Factory and the chairman of Championship side Huddersfield Town.In 2015, Hoyle became chairman and majority shareholder of British discount retailer, The Works.
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Party City was founded by Steve Mandell in 1986. Mandell recognized that the market for party goods was highly fragmented with a lot of small mom-and-pop operations and noticed that a large number of retailers carried limited supplies. Additionally, he saw that many big players were trying to dominate the party goods market.
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