Thorntons reports sales decline
- Published: 21 July, 2006
Page 8
|
Confectionery company Thorntons said sales for the 52 weeks to 24 June 2006 were down 5.9% to £176.6m compared with £187.7m last year, in a trading update this week. Retail sales were down by 5.3% to £127m after the closure of two stores and like-for-like sales for the full year were down by 3.7%, it said.
The group, which has 30 coffee shops and sells to supermarkets, said commercial sales into other retailers decreased by 10.7% to £31.2m in 2005/06.
Thorntons’ chairman John von Spreckelsen said of the figures: “Thorntons sells excellent chocolates and ice cream. We need to focus on convincing more customers to buy these quality products.”
Thorntons will report its results for the year on 12 September.
Bakery Events: Awards, Conferences & Exhibitions
Find Suppliers, Manufacturers and Ingredients
Get FREE News E-Alerts
Events Calendar
- 07 - 09 September, 2008
Speciality & Fine Food Fair - 15 September, 2008
The 2008 Baking Industry Awards - 17 September, 2008
Manufacturing performance masterclass - 20 September - 05 October, 2008
British Food Fortnight - 21 - 23 September, 2008
SIGEP USA - 26 - 27 September, 2008
Lunch!
