Thorntons have announced they are downsizing

vax2002

As times get hard probably boxes of luxury chocolates are quite high on the list of "do with outs"

vennypenny

They aren't going into administration. They have a combination of shops owned and operated by Thorntons themselves, and shops operated by Franchisees. The shops they plan to close are the ones not operated by franchisees, and will be closed as current leases expire over the next year +. The rest of the business will keep going and you'll still be able to buy at supermarkets, online, etc, so I wouldn't expect any big closing down / going out of business sales. Better news coverage was on BBC.

stebiz

sleepyme wrote: »

Just seen on the news that Thorntons have now gone into administration

No need to scare monger OP. As has been said, they are downsizing. Change the title please.

thommy

....and what on earth is the post doing in 'quick grabbit.....'?

sarahb

thatguy1 wrote: »

They haven't gone into administration, they are just closing up to 180 stores over the next few years as leases expire!

you should change the title & post OP!

Exactly - rumour mongering could cause a stampede to the stores and may cause upset for staff (although it looks like many are going to lose their jobs, at least it won't affect all staff)

jumblejack

Krackingtoast wrote: »

Tesco will rule the world sooner that we think!

Yep, the article said how the high street was in decline. Tescos certainly do have a big share of that guilt.

How many of us go there now for our appliances, mobiles, groceries, bread, gifts, houseware, clothes.......?

I feel sad to think how we have all been taken in by the 'convenience' of Mr Ts but are now paying the price of having our other shopping alternatives disappear one by one.

Thorntons, eh?
Not a good thing. It's as much part of our high street as good old woolworths was

watchitm80

Sun headline tomorrow "Thorntons in Meltdown!".

Aidy

Time to hit expire to move this incorrect thread off.

FelinePrincess

Anyone have a list of the stores that will close? I expect my local one will - last time I went there on mothers day it was closed, surely they should be open on one of the biggest days of the year for chocolate buying?

Sad news for lots of their employees. These high street shops seem to be dropping like flies at the moment

SAHD_Jim

The last few times we have been given a box of Thorntons, we have been extremely disappointed with it (and DW LOVES chocolate), so part of me is not surprised by this.