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UK choc firm Thorntons says stores can be "viable"

UK chocolate firm Thorntons has said it believes it can create a "viable" and "sustainable" store estate despite sales from the outlets decl...

On the money: Thorntons upbeat on strategy

Thorntons' improved first-half performance demonstrates that its strategy to shift towards sales through its commercial arm while working to...

Thorntons commercial sales good news for strategy

The continued outperformance of Thorntons' commercial division proves the UK confectioner's strategy to rebalance its business model is payi...

Thorntons eyes "slow" margin, profit recovery

Thorntons said it expects to see a "slow" recovery in profitability over the next two years after reporting a fall in annual earnings and as...

Latest Interviews

Interview: Finsbury CEO eyes growth in bread 1 Jul 2013

Michelle Russell

Earlier this year UK baker Finsbury Food Group offloaded its gluten-free bread business to venture partner Genius Foods. However, Finsbury, which makes cakes for brands under licence and for UK retailers, still sees potential in bread and today announced plans to significantly increase capacity. Michelle Russell spoke to CEO John Duffy.

The just-food interview - Jonathan Hart, Thorntons 17 Jan 2013

Michelle Russell

UK confectioner Thorntons is undergoing something of a transformation. The chocolate and toffee producer, which has been hit hard by the consumer downturn, is midway through a strategic shift to close the bulk of its store network and focus on commercial sales. Since taking the helm in May 2011, Jonathan Hart has had a mountain to climb: rebalancing the portfolio while tackling weak consumer demand. Nonetheless, the chief executive tells Michelle Russell that the firm is now on the right road for its strategy re-think to deliver improved results.

Latest News

Thorntons sales, profits fall 2 Mar 2015

Katy Askew

Thorntons has booked a drop in half-year sales and net profit after what it described as a “disappointing” performance.

Food industry quotes of week: Unilever, Lifeway 23 Jan 2015

Hannah Abdulla

Unilever revealed its 2014 results this week and revealed its food sales fell last year, prompting CEO Paul Polman to admitted the Flora and Becel maker had lagged the change in how consumers viewed spreads. Elsewhere, Lifeway Foods CEO, Julie Smolyansky, insisted the business is not for sale.

Thorntons confirms "challenges" with UK grocers 19 Jan 2015

Hannah Abdulla

Thorntons has booked an 8% drop in half-year sales on the back of "challenges" with some retail customers.

Thorntons shares plunge on profit warning 23 Dec 2014

Hannah Abdulla

Shares in UK-based confectioner Thorntons slid 23.17% today as the firm issued an annual profit warning.

Thorntons sanguine as Q1 sales fall hits shares 13 Oct 2014

Dean Best

Shares in Thorntons tumbled today (13 October) after the UK chocolate maker booked a drop in first-quarter sales - but the business insisted its annual profits will hit market expectations.

Company research

Global Confectionery Market: News and Events March 2014

Global Confectionery Market: News and Events March 2014

Synopsis The report provides a review of the latest news and key events in the global confectionery market during March 2014. Summary Using this report, marketers will effectively gain an insight int...

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