Thorntons shares plunge 15% after Valentine’s Day wash-out Thursday, 1st May 2014
Shares in Thorntons fell nearly 15 per cent this week after a weaker than expected Valentine’s Day and Mother’s Day dragged down its third quarter sales.
Transforming Thorntons: positive results across all core channels for high street chocolatier’s half year Monday, 3rd March 2014
Back in 2011, you’d have been forgiven for thinking Thornton’s days were numbered. As the economic environment for retailers grew more cut-throat by the day, the high street chocolatier couldn’t seem to catch a break.
Thorntons enjoys profitable Christmas in the UK Friday, 17th January 2014
High street confectionary retailer Thorntons has seen sales grow 6.3 per cent during its Q2 to £93.1 million, which also includes the Christmas period. In what has been described as “a good Christmas performance”, Thorntons’ fast-moving consumer goods (FMCG) sales grew by 17.1 per cent to £47 million, while commercial sales in the UK went up by 21.1 per cent.
Lidl bans sugary snacks from checkouts Tuesday, 14th January 2014
In a bold attempt to avert children and parents from the lure of sugary snacks at supermarket checkouts, Lidl has decided to remove all sweets, chocolate bars and crisps from its 600 checkouts across the UK. The move came about following a survey about the “pester power” children hold over their parents at supermarket checkouts.
Thorntons revenues up 1.8% as profits rise for full year Wednesday, 11th September 2013
Revenues at the UK chocolate company were up 1.8 per cent to £221.1 million for the full year, as Thorntons managed to reduce its debt and improve its profit and sales. After a rocky few years for the group, Thorntons’ full year results for the 52 weeks to 29 June suggest its turnaround is well underway.
Mothercare and Thorntons could show signs of recovery this week Monday, 15th July 2013
Mothercare and Thorntons are reportedly set to show signs of recovery when they publish financial figures this week. Mothercare, who were forced to close 56 UK stores in the year to 31 March, will publish trading figures on Thursday. The mother and baby goods chain have been closing stores as part of a three-year restructuring plan which will work towards a 200-strong estate by 2015.
Pret owner said to be eyeing major Hotel Chocolat investment Friday, 21st June 2013
Reports emerge that Pret A Manger’s owner Bridgepoint Development Capital is considering a major investment in Hotel Chocolat, the luxury chocolate retailer currently valued at more than £100 million.
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