Since 2020: Reduced
The risk of future mandatory closure of nonessential retail stores due to the ongoing Covid-19 pandemic is a significant ongoing risk for Card Factory. Loss of revenue from the store estate, which accounts for the majority of sales, would impact the Group s liquidity. Any lasting shift in shopper behaviours following the pandemic may further impact performance of our stores.
We have successfully secured additional bank facilities that provide additional liquidity, should further store closures be required, however, further agreements with our banks may be necessary, if any additional periods of closure are prolonged. Alteration to our store estate may be required - our short lease terms allows us to review locations and hold constructive discussions with landlords to manage our property costs. Investment in capacity to meet online sales demand and diversification of sales with retail partners provides other routes to the customer, via essential retailers .
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Lebanon parents sentenced to prison in death of infant daughter
Kristian Lee and Shantell Swiercz will each serve six years and three months in prison. The two will also serve three years of post-prison supervision.
Posted: Dec 11, 2020 10:17 AM
Updated: Dec 11, 2020 12:54 PM
Posted By: Jolene Daib
LEBANON, Ore. – Two Lebanon parents charged with causing the death of their infant daughter were sentenced to more than six years in prison on Friday.
Kristian Lee and Shantell Swiercz will each serve six years and three months in prison. The two will also serve three years of post-prison supervision.
On Dec. 1, they each pleaded no contest to second-degree manslaughter in their infant daughter’s death.