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.
Thorntons trials One iotas' SmartPod technology Friday, 14th June 2013
Thorntons are launching a trial of a new technology which allows customers to purchase from their extended online range while in-store. The chocolate-maker is working in partnership with retail technology experts One iota, which will see online ordering kiosks placed in three stores across the country.
Thorntons says full year profit should beat expectations thanks to Easter trade Wednesday, 3rd April 2013
Easter eggs on the production line at Thorntons. British chocolatier Thorntons PLC on Wednesday said full year profit should beat market expectations after “satisfactory” trading over Easter, Mother’s Day and Valentine’s Day. Thorntons said it expects pre-exceptional profit before tax for the year ending 29 June to come in above the current market expectations of £3.1 million.
Thorntons fetes turnaround as sales and pre-tax profit rise Monday, 25th February 2013
British chocolatier Thorntons hailed the beginning of its turnaround as pre-tax profits, revenues and UK sales rose during the first half of its year. The retailer on Monday revealed revenues rose 2.9 per cent to £133.7 million in the 28 weeks to 12 January 2013, while profit before tax and exceptional items increased by £2.2 million to £5.3 million.
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