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Card Factory closes shops and folds dividend

The company has been in talks with its lenders
March 23, 2020

Card Factory (CARD) will temporarily shut all of its stores from the end of today, after the coronavirus sparked a “very material drop in high-street footfall”. The retailer will not declare a final dividend for its year ending 31 January 2020, and has delayed the release of full-year results due on 21 April.

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