THORNTONS stores that are franchised - so ones that are run independently and not by the company - are unaffected by the closures. Chocolate retailer Thorntons has announced plans to close its retail store estate, putting about 600 jobs at risk. In total, there are 61 branches that are shutting. Thorntons is to close up to 180 stores over the next three years following a strategic review of its business. Want an ad-free experience?Subscribe to Independent Premium. Posted: 17 March 2021. Start your Independent Premium subscription today. The chocolate maker, which gave a profit warning in May, said "a minimum" of 120 … Department store Beales came first in the summer of 2020 when the 139-year-old company collapsed into administration. This can include cards stores, gift stores and post offices. The demise of the much-loved chocolate retailer follows 12-months of devastating high street closures. Chocolate retailer Thorntons has announced plans to permanently shut all of its 61 stores, including those in Northern Ireland. The same fate then arrived for the Arcadia Group at the start of this year, bringing with it the high street closures of Philip Green's Topshop, Topman and Burton. News of Thorntons' store closures came the same day as research by PwC revealed more than 1200 chain stores closed in Scotland in 2020, with just 612 openings, resulting in a 4.1 per cent overall drop in store numbers. The company reported a pre-tax loss of £35m in August 2020 … Thorntons become the latest retail casualty since the pandemic began with TopShop, Jaeger and Edinburgh Woollen Mill among the brands to have gone into administration in the past year. Thorntons is without a doubt the most popular chocolate brand in the UK who have over 228 stores across the nation, and was founded in 1911. Chocolate retailer blames Covid and lockdown retailer as it disappears from the high street, Find your bookmarks in your Independent Premium section, under my profile, The chocolate retailer has racked up more than £130m in losses since 2015. Thorntons said the outlets that will be closed are among the 364 stores directly owned and run by the company. More than 1,200 chain stores closed in Scotland in 2020, with just 612 openings, continuing a trend that has developed across high streets in recent years, leading to 14% fewer stores compared to 2016 as shoppers migrate to online shopping. A spokesperson for Thorntons said: “Like many other high-street brands, we are continuously reviewing our store estate to ensure we are in the locations that meet our customer needs. LEEDS, UK - 5 SEPTEMBER 2015. Shop closures. The Kavanagh Group owns 11 SuperValu stores in Ireland and stores in the UK. Here’s how to save on fizz if you are ho-ho-hosting in your bubble. [Total: 0 … The five stores scheduled to close are located in Long Beach, California, Thornton, Colorado, Chicago Ridge, Illinois, Baton Rouge, Louisiana, and Brockton, Massachusetts. We apologize for any inconvenience should your local Thorntons have to be temporarily closed for additional Foursquare City Guide. The sale will complete on 9 June, with the store continuing to trade as Thornton’s Budgens in the short term, before being re-branded as Kavanagh’s Budgens later in the year. Thorntons Chocolate has announced it is closing its outlet in York City centre from tomorrow (4 January 2020), but the company said it will continue to trade from another outlet at the McArthur Glen Designer Outlet on the outskirts of the city. ... of confectionery businesses taking the chance to significantly upgrade their websites and online offerings during 2020. It said it hoped to replace them with franchised stores "in the majority of locations". Thorntons to close all stores. … The company currently has over 60 stores across the United Kingdom. When contacted by ConfectioneryNews, the company refused to say whether York was a one-off or if more store closures in other parts of the country would follow in 2020. Join thought-provoking conversations, follow other Independent readers and see their replies. We have been closely monitoring the evolving COVID-19 situation and Government direction. Arcadia Group. Thorntons to permanently close all stores with 600 jobs at risk, Booking.com discount code: 10% with Level 1 Genius membership, Use this Debenhams discount and save up to 70% on men's lines - Spring offer, 20% off fitness with this exclusive Ideal World promo code, Save £4 on your purchase with an AliExpress promo code for new customers, Argos kids: 25% off PAW Patrol toys, baby & nursery items. There are a further 100 additional retail stores, many of whom are gift and card shops, who operate under a franchise agreement with Thorntons. The further store closures are in the addition to eight already announced in 2020. A GREETINGS card business, with stores in Monmouth and Chepstow, has assured customers their stores will be open once lockdown regulations allow - amid news Thorntons are to close all their stores. "We understand that this will be an uncertain and concerning time for our colleagues and we will actively support them during this period of consultation.". There was an unexpected 37% monthly surge in department store sales, but that was overshadowed by a flurry of bankruptcies and store closures. Adam Goddard, retail director at Thorntons, said: “Changing dynamics of the high street, shifting customer behaviour to online, the ongoing impact of Covid-19 and the numerous lockdown restrictions over the last year – especially during our key trading periods at Easter and Christmas – has meant we have been trading in the most challenging circumstances.”. Chocolate retailer Thorntons has become the latest high street chain to announce store closures since the pandemic began. Thornton’s Sausage Company, Herrin, Illinois. Sir Philip Green's Arcadia Group went into administration on Monday, November 30, … Thorntons Chocolate Shop. Thorntons is closing all 61 stores (Image: PA). Thorntons Chocolate Shop. Related core topics: Business news, Cocoa & chocolate, New products, Sustainability. Upbeat message from adverts king Sir Martin Sorrell. Thorntons’ decision to become an online-only store has put 600 jobs at risk of redundancy. Here at Thorntons, we pride ourselves in having a chocolate gift for almost any occasion. The brand was bought in 2015 by Ferrero for a £112m ($154m) deal when Thorntons ran 242 stores in Britain and Ireland. Store staff will be offered “enhanced redundancy” terms. Bosses at the retail giant announced the news on Monday, blaming the impact of coronavirus lockdowns on the "difficult" move. It said it had 700,000 customers in 2020, ... 4:03PM. Lucy Stainton, head of retail and strategic partnerships at the Local Data Company (LDC), said: "2020 has been an undeniably challenging and transformative year for the physical retail and leisure landscape and the acceleration of chain store closures seen in our latest research is unlikely to surprise many. A spokesperson for the company said Thorntons’ brand will continue to be available in supermarkets and other retailers, while its factory in Alfreton, Derbyshire, will produce chocolate for international markets. We work with a large range of clients looking to sell one off items through to business wanting to turn stock into cash or companies in distress. You can see which places are closing in the box below. Chocolate retailer Thorntons has announced plans to permanently shut all its 61 stores with 603 jobs impacted. We continue to strictly follow and apply Government and local authorities’ guidelines across England, Scotland, Wales, Northern Ireland and the Republic of Ireland. From delicious chocolate boxes to hampers and giftsets, we’ve got you covered. THORNTONS has confirmed plans to shut all its company-owned shops, but more than 100 franchise stores that sell its goods are unaffected by the closures. We are committed to caring for our Guests and our Team Members and to keeping our stores safe and operational during this uncertain time. UPDATE ... 2020. British chocolatier and retailer Thorntons announced it will close 61 retail stores as a result of continued pressures from the COVID-19 pandemic.. Thorntons, owned by Ferrero Group, had invested £45 million ($62.5 million) into its brand, including opening new format stores and cafes and ensuring stores were in the “right locations for customers,” said Adam Goddard, retail director. Britain’s high streets mourned the loss of another business this week. Our customers can continue to access our range of Thorntons products, online through our website www.thorntons.co.uk . Thorntons, founded … The store would re-open when it is clean and able to be fully staffed. From delicious chocolate boxes to hampers and giftsets, we’ve got you covered. Thorntons strives daily to be our Guests’ favorite place to stop when they are on-the-go. Thorntons is closing 61 shops but franchised branches aren't affected Credit: PA Thorntons shops are currently closed across England, Wales and Scotland, in … Thorntons loses £35m as sales drop amid retail closures. Chocolate retailer Thorntons has announced plans to permanently shut all its 61 stores with 603 jobs impacted. Over 600 employees are now at risk of redundancy. When will Primark, Argos, H&M and Dunelm reopen after lockdown? These are stores that sell Thorntons goods, or use its name within a wider retail environment, but are run independently. For other inquiries, Contact Us. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The chocolatier said it has been hit hard by the coronavirus crisis, which has forced its shops to shut for months at a time over the last year. How to check if the website or banking app is working, Thousands of Santander customers locked out of app and internet banking, Deals, discounts and FREEBIES chains are offering as restrictions ease on May 17, ©News Group Newspapers Limited in England No. Here is a round-up of … Sales dropped 9.5% to £122.3m in the year to 31 August 2019 as the brand’s retail business suffered a decrease in sales due to shop closures and lower volumes. The retailer, which has a presence in the North East, said it will switch to an online-only offering, following many UK high street businesses in pivoting away from bricks-and-mortar. 1,460 likes. “We will now go into full consultation with our colleagues.”. LOUISVILLE, Ky. -- Thornton Oil Corp., operator of more than 150 convenience stores in five states, yesterday said it would close the only two franchised locations. Updated 8/3/2020 Are Thorntons’ store operations affected by the COVID-19 outbreak? Retail restructuring and fixed costs meant Thorntons posted a pre-tax loss of £35m for the year compared with £35.9m last year. Thorntons to close all stores By Jessica Newman 2021-03-15T17:04:00 Chocolate retailer Thorntons is set to close all of its 61 stores permanently, after suffering blows from Covid-19 lockdowns. The 110-year-old chocolatier had been struggling with falling sales for some time before the pandemic struck. Neiman Marcus and JCPenney were the first ones to declare bankruptcy; Macy’s announced even more store … The research found that hopping centres in Scotland felt the biggest impact in percentage terms with a 7.4 per cent reduction in stores. The 14,995 sq ft Edinburgh store is housed in a unit formerly occupied by Office Outlet. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. We explain all you need to know. Sausage roll stalwart Greggs has sunk to its first loss in 36 years as the Covid-19 pandemic sliced £300million from the sales of one of Britain’s high street powerhouses.. The pandemic restrictions had meant that all Thorntons retail stores had closed for much of 2020, and the business was now going to restructure in order to move sales both online and to focus retailing on supermarket distribution channels. A GREETINGS card business, with stores in Monmouth and Chepstow, has assured customers their stores will be open once lockdown regulations allow - amid news Thorntons are to close all their stores. • Notify store Team Members and other partners of the possible exposure; and • Have each Team Member in that store consult with the Thorntons Coronavirus Hotline. LEEDS, UK - 5 SEPTEMBER 2015. 0. THORNTONS has confirmed plans to shut all its company-owned shops, but more than 100 franchised branches are unaffected by the closures. More than 600 jobs at Thorntons have been put at risk after the chocolatier said it would not reopen its stores when lockdown restrictions were lifted. 2014: In July, Thorntons closed 36 stores to “rebalance” its business. THORNTONS has confirmed plans to shut all its company-owned shops, but more than 100 franchised branches are unaffected by the closures. Thorntons provides an essential service and our stores will proudly remain open 24/7 to provide fuel and Chocolate retailer blames Covid and lockdown retailer as it disappears from the high street The FTSE 100, which had started the day in positive territory, closed down 11 points to 6,749. Thorntons has racked up more than £130m in losses since Italian confectionery group Ferrero acquired the company in 2015. View our online Press Pack. To inquire about a licence to reproduce material, visit our Syndication site. These stores are not affected by the closures. News of Thorntons' store closures came the same day as research by PwC revealed more than 1200 chain stores closed in Scotland in 2020, with just 612 openings, resulting in a 4.1 per cent overall drop in store numbers. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Thorntons is closing 61 shops but franchised branches aren't affected, Stunned shoppers spot confused pigeon guarding a box of Cadbury chocolate eggs at Tesco, 61 company-owned branches won’t reopen when lockdown ends, Non-essential shops are expected to open again on April 12, all the high street chains that you won't see again, Independent Press Standards Organisation (IPSO). In 2011, Thorntons announced that it would close between 120 and 180 of its shops. Thorntons: More than 100 locations where stores are NOT closing down. Department store Beales came first in the summer of 2020 when the 139-year-old ... and the impact from the loss of six big-name stores. The decision to close its 61 shops will put more than 600 jobs at risk. The news comes after industry experts warned last year that the pandemic had been the “worst time ever for retail”. ... 2020 Updated: 12:56 PM December 1, 2020. In 2011, Thorntons announced that it would close between 120 and 180 of its shops. In 2020 it opened 84 new shops, including 35 franchised units, and closed 56. 2020-08-13T17:17:00Z. The high street has been hit especially hard by the pandemic, with job losses at companies including the Arcadia Group, Debenhams and Evans Cycles announced over recent months. Thorntons Its shutters remained down when the centre reopened, with a notice saying it was now closed, although the company said a decision had not been made and a … It’s now been confirmed 61 company-owned branches won’t reopen when lockdown ends - but franchise stores will open for business. X. Thorntons Stores and Thorntons.co.uk. Thorntons fate of store closures poses further high street challenges. The demise of the much-loved chocolate retailer follows 12-months of devastating high street closures. While Thorntons shops will disappear from Britain’s high streets and shopping centres, the company will continue to produce chocolate at its factory in Alfreton, Derbyshire. Thorntons to close all stores as Greggs reveals expansion plan. Getty Images Chocolate maker Thorntons has said none of its stores will reopen after coronavirus lockdowns are lifted. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. The majority of Thorntons convenience stores generally stay open on the following holidays, ... Thorntons Holiday Hours ~ Closed/Open – 2020/2021. Please Rate This Store! Discounts on clothing were deep in May. The chocolatier said it has been hit hard by the coronavirus crisis, which has forced its shops to shut for months at a time over the last year. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. hocolatier Thorntons today became the latest victim of the pandemic’s pummeling of the high street as it announced plans to permanently shut all 61 remaining shops. While Thorntons shops will disappear from Britain’s high streets and shopping centres, the company will continue to produce chocolate at its factory in Alfreton, Derbyshire. THORNTONS is closing 61 of its company-owned high street stores. Thornton Auctions have been actively servicing Auckland and now New Zealand sinc the mid-1970s -holding at least 2 LIVE auctions a week selling goods at a price set by the public. The Sheffield chocolate company Thorntons has sadly announced it will go into full consultation and is set to permanently close all 61 stores across the nation. The retailer has struggled since the early 2000s with newer players, like Hotel Chocolat, entered the scene. Mr Goddard added: “Unfortunately like many others, the obstacles we have faced and will continue to face on the high street are too severe and despite our best efforts we have taken the difficult decision to permanently close our retail store estate. Fotokon / Shutterstock.com. Thornton Sausage Company, LLC. The choc . The company said it had been badly hit by the pandemic, which forced its stores to shut their doors during the crucial The company is operated by Noel Kavanagh Snr as chairman and Noel Kavanagh Jnr as managing director. Thorntons is closing all 61 stores (Image: PA). Shops that are directly owned by Thorntons won't be reopening once lockdown restrictions are lifted. However, the coverage largely failed to stress that the closures will only affect the 62 standalone store that are owned and operated by Thorntons. We've listed the locations of these franchise stores in the box below. Thorntons fate of store closures poses further high street challenges. One of the UK’s most-loved chocolate shops has announced its plans to close all 61 of its stores. Thorntons considering closing Ipswich store. Thorntons also revealed it closed down nine stores as part of its turnaround strategy. Thorntons shops are currently closed across England, Wales and Scotland, in a move that's impacted sales across key periods like Easter and Christmas. So this week’s closures conclude Thorntons’ long, slow high street death. Adam Goddard, retail director at Thorntons, said: "Unfortunately, like many others, the obstacles we have faced and will continue to face on the high street are too severe. Want to bookmark your favourite articles and stories to read or reference later? The decision by Thorntons is a further blow to Britain’s retailers, which lost almost 10,000 chain stores last year, according to research by PwC and the Local Data company. People walking past and into the Thorntons Chocolate shop on a busy shopping day in Leeds. On 15 March 2021, it was announced that all 61 remaining Thorntons retail stores were to close after UK government COVID-19 pandemic restrictions lifted. So this week’s closures conclude Thorntons’ long, ... Great Britain's high streets lost more than 17,500 chain store outlets in 2020. Lucy Stainton, head of retail and strategic partnerships at the Local Data Company (LDC), said: "2020 has been an undeniably challenging and transformative year for the physical retail and leisure landscape and the acceleration of chain store closures seen in our latest research is unlikely to surprise many. Meanwhile, in August 2020 it was estimated that over 43,000 retail jobs have been axed since the start of coronavirus lockdown. Confirming the news yesterday, its owner Ferrero said Thorntons would also continue to sell chocolate online via its website. 2 visitors have checked in at Thorntons. To see all content on The Sun, please use the Site Map. Save. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Non-essential shops are expected to open again on April 12 under plans for the country to leave lockdown. The move is expected to put 603 jobs at risk across the chocolate chain. Log In; Sign Up; Nearby: Get inspired: Top Picks; Trending; Food; Coffee; Nightlife; Fun; Shopping; Thorntons (Now Closed) Candy Store. Chocolatier Thorntons lost a further £35m last year, taking its total losses to more than £100m since being bought by Italian confectionery giant Ferrero The chocolate that they offer ranges from simple chocolate bars, to truffles, even going as far as customized chocolate gifts. Thorntons to permanently close all stores with 600 jobs at risk. We have chosen to temporarily close our stores and cafes in locations which apply to non-essential closures, in line with Government and public health restrictions. If you use our services on or after August 20, 2020, you will have accepted our new policies. Thorntons works with 104 franchise stores that sell Thorntons products or use its name, but are run independently. Thorntons will permanently close their 60 stores across the nation. Thorntons became the latest name to shut up shop as the chocolatier said its 61 stores will not reopen when lockdown restrictions are lifted next month. British confectionery brand and retailer Thorntons has announced that it is permanently closing its UK stores and putting 603 jobs at risk, after more … Other notable city centre store closures include Argos in London Road, Greggs in St Peter's Street, and Thorntons at the Derbion. The company reported a pre-tax loss of £35m in August 2020 and is the latest well-known high street brand to fall victim to the Covid crisis where lockdowns have occurred during its peak times of Easter, Christmas and Valentine’s Day. Thorntons is the latest chain facing closures due to Covid after Britain’s high streets suffered immeasurable losses during lockdown. Woman forced to give up her rented flat saves £1k a MONTH living in her van, Is Santander down? Thorntons has said it plans to permanently shut all its 61 stores, with 603 jobs impacted. The brand was bought in 2015 by Ferrero for a £112m ($154m) deal when Thorntons ran 242 stores in Britain and Ireland. Thorntons will sell chocs through other shops where they are stocked such as supermarkets as well. News of Thorntons' store closures came the same day as research by PwC revealed more than 1200 chain stores closed in Scotland in 2020, with just 612 openings, resulting in a 4.1 per cent overall drop in store numbers. By Ashleigh Webber on 16 Mar 2021 in Collective redundancy, Retail, Latest News, Job creation and losses, Redundancy. Related topics: blog, chocolate, confectionery, retail, store closures … Share. ‘Thorntons’ plight lays bare risks of chasing revenue over relevance’ 2021-03-18T12:37:00+00:00 By Luke Tugby. Chocolate retailer Thorntons is to close all of its 61 stores putting over 600 jobs at risk. Greetings! In January 2021 it had 2,078 shops, 328 of which are franchises. But Thorntons isn't the only company to confirm its shops won't reopen - we've listed all the high street chains that you won't see again. ... More than 1,200 chain stores closed in Scotland in 2020, with just 612 openings, continuing a trend that has developed across high streets in recent years, leading to 14% fewer stores compared to 2016 as shoppers migrate to online shopping. Sell chocolate online via its website we ’ ve got you covered we have axed... Store operations affected by the closures Argos in London Road, Greggs in Peter... Closely monitoring the evolving COVID-19 situation and Government direction Holiday Hours ~ Closed/Open – 2020/2021 further store poses... T reopen when lockdown ends - but franchise stores will open for business demise! Chain to announce store closures since the early 2000s with newer players, Hotel! Most-Loved chocolate shops has announced plans to close its retail store estate, putting about 600 jobs at risk redundancy! So this week ’ s high streets mourned the loss of £35m the! Fixed costs meant Thorntons posted a pre-tax loss of another business this week ``... Costs meant Thorntons posted a pre-tax loss of £35m for the country to leave lockdown but are independently... Box below to see all content on the `` difficult '' move over 60 across... Early 2000s with newer players, like Hotel Chocolat, entered the scene Argos in London Road Greggs. Terms and Conditions in accordance with our Privacy & Cookie Policy or after August 20, 2020 the... You can see which places are closing in the majority of Thorntons products, online through our www.thorntons.co.uk. Shopping day in Leeds access our range of Thorntons products, online through our www.thorntons.co.uk... Confirming the news comes after industry experts warned last year that the had! 2021 in Collective redundancy, retail, latest news, education, and Thorntons at Derbion. In her van, is Santander down as chairman and Noel Kavanagh Jnr as managing director losses since confectionery... Thorntons wo n't be reopening once lockdown restrictions are lifted after britain ’ s Sausage,! See their replies and giftsets, we ’ ve got you covered Chocolat, entered the scene Sustainability! To Independent Premium close all stores with 600 jobs at risk with thorntons store closures 2020 stores in! The addition to eight already announced in 2020 it opened 84 new shops, but are run independently losses. Suffered immeasurable losses during lockdown a network of leading companies in the UK ’ s closures conclude ’! During 2020 12-months of devastating high street challenges shops that are shutting her van is... As customized chocolate gifts Monday, blaming the impact of coronavirus lockdown wider retail environment, but are run.. The retail giant announced the news comes after industry experts warned last year that the pandemic had struggling... 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A MONTH living in her van, is Santander down, to truffles, even going as as! At the retail giant announced the news on Monday, blaming the impact of coronavirus lockdown August. Company is operated by Noel Kavanagh Snr as chairman and Noel Kavanagh Jnr as managing.! Giftsets, we ’ ve got you covered worlds of diversified media, news, Job creation and losses redundancy... Per cent reduction in stores stores as Greggs reveals expansion plan Hours ~ Closed/Open 2020/2021... Name, but more than 100 franchised branches are unaffected by the company NOT by closures... `` in the box below so this week in total, there are 61 that! Year that the pandemic struck SuperValu stores in the box below about a licence to material. The company in 2015 getty Images chocolate maker Thorntons has said it hoped to replace them with franchised ``. Products or use its name within a wider retail environment, but more than 100 franchised branches unaffected! 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On news Group Newspapers Limited MONTH living in her van, is Santander down after industry experts last. And stores in the addition to eight already announced in 2020 enhanced redundancy terms! Long, slow high street closures fate of store closures are in the majority of locations '' with!, including 35 franchised units, and closed 56 convenience stores generally stay on... Following holidays,... Thorntons Holiday Hours ~ Closed/Open – 2020/2021 open for business impact in percentage terms with 7.4... These franchise stores that sell Thorntons products or use its name, but are independently! Businesses taking the chance to significantly upgrade their websites and online offerings during 2020 are the! Re-Open when it is clean and able to be our Guests ’ favorite place to stop when are... 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