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Thorntons to close 40 stores to focus on multi-channel sales growth
date:Feb 26, 2013
tore sales declined by 8.3%, mainly due to the closure of a further 13 stores in line with the long-term strategy. Like for like sales decreased by 1.5%.

Franchise sales declined by 25.4%, mainly reflecting the placing into administration of the companys major franchisee in May 2012.

International sales grew by 57.7%, while sales of private label grew to 3.9 million from 0.8 million.

We are encouraged by the overall progress we made during the first half of the year, said Jonathan Hart, Thorn

12/23 17:35