Confectionery manufacturer Thorntons plans to close a further 40 stores in this financial year, as it continues to focus on “significant growth” in multiple-channel sales via supermarkets and Thorntons Direct online. ...
Tags: Thorntons, stores, financial year
Last year was packed with surprises for the food and drink manufacturing sector, according to business guru Paul Wilkinson. Paul Wilkinson reviewed a year of food and drink manufacturing surprises Here we capture the highlights of his ...
Business leaders have issued an urgent call for a new ‘Entrepreneurs’ Fund’ to be set up to help new food and drink manufacturers make the next step in their growth. Paul Wilkinson: DEFRA should launch an ...
Tags: Food Manufacturers, Entrepreneurs'Fund, food and drink manufacturers
News that Flowers Food has emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US caught our attention this week. Meanwhile, an entirely different kind of horse got tongues wagging on this side of the pond ...
Tags: Flowers Food, interview, just-food
Government’s improved understanding of the food and drink manufacturing sector was one of three key themes of Food Manufacture’s Business Leaders’ Forum, which took place on Tuesday, January 15, according to the event ...
Tags: government, food and drink manufacturing sector, Food Manufacture
Government’s improved understanding of the food and drink manufacturing sector was one of three key themes of Food Manufacture’s Business Leaders’ Forum, which took place on Tuesday, January 15, according to the event ...
Tags: food, drink, food security
Thorntons missed out on the Christmas online shopping boom due to the late deployment of its new website and operational issues that “had a significant impact on sales in the period”, new figures reveal. Thorntons missed out ...
Tags: Thorntons, online shopping, website and operational issues
UK confectioner Thorntons sounded a cautious note on the year ahead despite booking an increase in second-quarter sales. In the 14 weeks to 12 January, total sales grew by 5.4% to GBP88m (US$141.1m), the group reported today (16 ...
Tags: Thorntons, confectioner, sales
UK confectioner Thorntons has sounded a cautious note ahead of the Christmas period as it booked a drop in first-quarter sales. In the 14 weeks to 6 October, sales fell 1% to GBP46m (US$73.6m), mainly due to the effect of the closure of ...
Tags: sales, confectioner, profit
UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges
Finsbury Food Group,the UK baker,has sold shares in the company to raise funds to invest in its cake business. The company,which makes own-label cakes,as well as branded products under licence,said today(14 November)it had raised GBP3.9m ...
Tags: shares, cake business, automation, efficiency
Thorntons saw its share price rise this morning (12 September) despite lower full-year profits as an improved second-half performance led to better-than-expected pre-tax earnings. In the 53 weeks to the end of December, Thorntons saw a ...
Tags: Thorntons, chocolate, candy, price rise
The price of milk dominated headlines in the UK this week, with farmers gathering at a summit to air their views on the implications of the cuts and discuss what can be done. Elsewhere, French retailer Carrefour sounded an upbeat note on ...
Tags: milk, price of milk, yoghurt, bread
UK confectioner Thorntons has maintained a cautious outlook, despite seeing some improvement in sales trends during the fourth quarter. The company, which sells chocolates through supermarkets as well as its own and franchised stores, ...
Tags: confectioner, Q4 sales, chocolates, candy, Thorntons