All Thorntons articles – Page 6
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NewsTesco’s Price Drop hits other grocers
Tesco’s share price rose in the week that it launched its Big Price Drop, but the move hit the value of its food retail rivals.
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NewsThorntons chairman to stand down
Thorntons chairman John von Spreckelsen is to retire from the company within 12 months.
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NewsAurora says far fewer stores are needed in the multichannel age
Fashion group Aurora Fashions is conducting a property review across its brands as it reassesses its bricks-and-mortar needs in the multichannel age.
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NewsGeneral stores win out over the grocers
As hordes of shoppers flocked to the opening of Westfield Stratford City, showing that willingness to spend has not entirely evaporated, general retailers ended the week up overall.
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NewsInvestor worry grows as trading stays tough
Grocers, led by Tesco, bucked a gloomy market, but it was a poor week for general retailers as investors continued to wring their hands about general prospects, not helped when fashion group Alexon warned on profits.
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NewsFranchises to guide Thorntons’ future
Thorntons wants to maintain a presence in locations where it shuts its company-owned stores via franchise partnerships.
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NewsThorntons pre-tax profit dips after impairment charges
Thorntons has reported a dip in pre-tax profit but the chocolatier remains confident its turnaround plan will create a revitalised business.
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NewsHeadwinds slow Thorntons strategy
Broker FinnCap has slashed its forecasts for Thorntons following the chocolatier’s strategy and trading update earlier this month.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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NewsThorntons like-for-likes fall 10.6%
Thorntons has reported a like-for-like sales decline of 10.6% in its own stores in the eight weeks to June 25.
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NewsThorntons to slash number of company-owned stores
Thorntons plans to close at least 120 stores, and may close a further 60 more, following the completion of its strategic review.
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NewsThorntons melts in the Easter heat
Thorntons’ poor third quarter resulted from the competitive environment and a structural shift from the high street as well as the warm Easter weather, City analysts said.
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OpinionA false dawn for the two-speed market?
After two bank holidays, a royal wedding and some cracking weather, this week had a bit of a back to school feeling.
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NewsThorntons warns on profits
Thorntons’ own store sales like-for-likes fell 12.6% in its third quarter and the chocolatier warned on profits.
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AnalysisJonathan Hart
The new chief executive of Thorntons has been drafted in to sweeten its retail sales, revamp the product offer and take a bite out of the competition.
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NewsPortfolio shake-up and sharper promotions planned at Thorntons
Thorntons’ new chief executive Jonathan Hart has begun a strategic review of the chocolatier that will reshape its property portfolio and emphasise its “uniqueness”.
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NewsJJB troubles highlight sector-wide problems
General stores once again lagged the All-Share index as the sector’s problems were put centre stage by JJB’s plans for a second CVA.
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NewsThorntons to reshape store portfolio after profits fall
Thorntons, the chocolates specialist, is likely to reshape its store portfolio after difficult trading and warned that profits this year will be no higher than last.
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AnalysisChristmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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NewsGeneral retailers up but grocers subdued
Last week’s Super Thursday round of updates brought plenty of depressing news as big names such as Dixons and Halfords warned that profits would only make the low end of expectations.