Thorntons - food industry company news 
UK: Store closures hit Thorntons sales
3 May 2012
Thorntons has booked a drop in third-quarter sales as store closures and a difficult trading environment dented the chocolate group's result.
On the money: Thorntons upbeat despite profit plunge
15 February 2012
Thorntons management today (15 February) said that the UK chocolate group is on the right track to reverse declining profits, despite the company booking a 92% fall in first-half pre-tax earnings.
UK: Thorntons suspends dividend as H1 profits drop
15 February 2012
UK chocolate maker and retailer Thorntons has scrapped its half-year dividend after poor Christmas trading and charges related to loss-making stores hit first-half profits.
Comment: Values not just value must underpin Tesco revival
13 January 2012
Tesco's continuing difficulties in the UK forced the retailer to stun the City with something of a profit warning. As Chris Brook-Carter writes, the company needs to look beyond price to regain the ground lost to the likes of Sainsbury's.
UK: Thorntons shares spiral after weak Q3 sales
12 January 2012
Chocolatier and retailer Thorntons today (12 January) saw its share value plunge to its lowest-ever level after announcing quarterly sales below expectations.
Editor's choice: the highlights on just-food this week
23 December 2011
Wal-Mart stunned the US food sector this week with a decision to pull a Mead Johnson infant formula brand after the death of a baby in Missouri. In the UK, two retailers, Thorntons and Ocado, faced the scrutiny of investors after profit warnings. And, just-food launched its international food basket to highlight the difference in price between national brands and own label in seven markets.
Quote, unquote: just-food's week in words
23 December 2011
This week, UK retailers Thorntons and Ocado issued profit warnings, while US food giant General Mills revealed a fall in quarterly profits. Meanwhile, in Europe, Italian retailer Conad acquired German retailer Rewe's 43 Billa stores in the country.
UK: Thorntons shares melt after profit warning
21 December 2011
Shares in UK chocolate retailer Thorntons plummeted today (21 December) after it warned its annual profits would miss expectations.
EUROPE: R&R Ice Cream secures Kraft licencing deal
5 December 2011
Own-label ice cream manufacturer R&R Ice Cream is joining forces with Kraft Foods to launch new ice cream brands across mainland Europe.
UK: Costs hit Finsbury Food Group margins
24 November 2011
UK cake and bread manufacturer Finsbury Food Group has seen margins squeezed by input costs in the first four months of its financial year.
UK: Thorntons FD Robson to step down
8 November 2011
Confectionery retailer Thorntons has today (8 November) confirmed that Mark Robson will step down from his role as finance director next year.
Quote, unquote: just-food's week in words
10 October 2011
Two of the UK's largest retailers, Tesco and Sainsbury's, gave an update on their trading this week and the former's new promotional campaign remained a talking point. Another subject of fierce debate was Denmark's new fat tax, which the country's food manufacturers have described as a "bureaucratic nightmare". Click on the links for more.
Comment: Tesco's Clarke rolls up sleeves after shaky start
6 October 2011
Timing is everything in life. And few people will be feeling that sentiment more this week than Sir Terry Leahy, the former chief executive of Tesco, and his successor Philip Clarke.
UK: Thorntons posts sales drop in Q1
5 October 2011
UK chocolate manufacturer and retailer Thorntons has reported a fall in first-quarter revenue due to lower in-store and commercial sales.
UK: Thorntons chairman von Spreckelsen to leave
27 September 2011
Thorntons chairman John von Spreckelsen is to leave the UK chocolate maker within the next 12 months.
UK: Cost recovery vital despite profit rise - Finsbury
26 September 2011
UK cake maker Finsbury Food Group said today (26 September) that clawing back costs is "imperative" despite reporting an increase in annual profits.
just-food's research round-up
16 September 2011
This week's batch of reports from the just-food research store include a look at the emerging market of Indonesia and a separate overview of the food retail sector across Asia-Pacific. Meanwhile, after last week's financial results from Morrisons and Thorntons, we feature reports on the UK companies.
Quote, unquote: just-food's week in words
12 September 2011
Morrisons chief executive Dalton Philips this week insisted the UK retailer had been able to adapt to the tough trading conditions in the country. In the US, PepsiCo CFO Hugh Johnston said high inflation and low growth was forcing all FMCG companies to reassess their strategies.
Editor's choice: the highlights on just-food this week
12 September 2011
The slowdown in the UK economy appears to be helping one business. This week, Morrisons revealed financial results that showed it was adapting better to the challenging trading conditions than its rivals. Across the Atlantic, meanwhile, leading US executives indicated how tough the economic environment is in the US. Click on the headlines for more.
On the money: Thorntons keeps faith in multi-channel strategy
7 September 2011
UK chocolate maker Thorntons remains positive about its prospects and confident in its strategy despite reporting annual losses this morning (7 September).
UK: Restructuring costs force Thorntons into the red
7 September 2011
UK chocolate retailer and manufacturer Thorntons has reported an annual loss due to costs linked to the company's restructuring.
Quote, unquote: just-food's week in words
15 July 2011
In an eventful week, the plan to merge Brazil's largest retailer with Carrefour's local operations was called off, new CEOs were appointed at Premier Foods plc and Fonterra and Greencore made an offer to buy UK private-label firm Uniq. Click on the links for more coverage of the stories.
UK: Falling store sales hit Thorntons Q4 revenues
13 July 2011
UK chocolate manufacturer and retailer Thorntons today (13 July) revealed a decline in own-store sales during its fourth quarter.
Best bits: Casino and Carrefour do battle over Brazil
4 July 2011
In a story that has had more twists and turns than the samba, the battle for Brazil's largest retailer CBD has pit two of Europe's largest grocers against each other.
UK: Thorntons names Legg to succeed Wright as marketing chief
4 July 2011
Thorntons has said that Hannah Legg, the head of the UK chocolate maker's online arm, has replaced Peter Wright as the company's marketing director.
Focus: Thorntons looks to preserve its specialness
1 July 2011
UK chocolate retailer and manufacturer Thorntons has announced it is to close up to 180 stores and revamp its retail offer. Ben Cooper asks if this will be enough to re-establish its credentials as a premium speciality retailer.
Editor's choice: the highlights on just-food this week
1 July 2011
The battle for control of Brazil's largest retailer CBD has dominated our retail coverage this week. However, Premier Foods plc's dispute over price with one of the UK's largest grocers, believed to be Tesco, also grabbed our UK headlines - which also featured chocolate maker and retailer Thorntons and its decision to close half its stores.
Quote, unquote: just-food's week in words
1 July 2011
Casino's anger towards the Diniz Group intensified this week as it became clear that its fellow shareholder in CBD had been in talks to merge the Brazilian retailer with the local operations of Carrefour. Meanwhile, Thorntons announced plans to slash its store estate and Premier Foods plc surprised analysts with an unexpected profit warning.
UK: Haldanes' administrators close three remaining stores
30 June 2011
The administrators of insolvent UK grocery operator Haldanes Stores today (30 June) announced the closure of its three remaining stores.
UPDATE: UK: Thorntons to revamp proposition in remaining stores
28 June 2011
Thorntons plans to revamp its proposition in the chocolate company's remaining own stores after announcing the closure of up to 180 outlets.
Related research
Thorntons PLC (THT) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Thorntons PLC provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Thorntons PLC (THT) - Financial and Strategic Analysis Review
Thorntons PLC (Thorntons) is an in-store and online retailer of confectionery and other sweet foods. The company engages in the manufacture, distribution and retail of confectionery products. The company markets its products under the brand name, Thorntons. Additionally, it offers personalized special message delivery services and home delivery services. The company conducts its activities through two segments, namely, Retail and Sales & Operations. As of January 9, 2010, Thorntons operates approximately 378 stores & cafes and approximately 222 franchises. The company carries out its operations principally in the UK and Ireland. The company is headquartered in Derbyshire, the UK
Thorntons PLC : Company Profile and SWOT Analysis
World Market Intelligence's "Thorntons PLC : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, business description, SWOT analysis, key facts, information on products and services, details of locations and subsidiaries, plus information on key news events affecting the company.
