Magazine article Management Services

Visit to the Thorntons Chocolate Factory on Wednesday, 23 March 2016

Magazine article Management Services

Visit to the Thorntons Chocolate Factory on Wednesday, 23 March 2016

Article excerpt

Aparty of members and family/friends from the East Midlands Region visited the chocolate/toffee production factory at Somercotes, Derbyshire.

Like many businesses and production units, Thorntons has had problems and difficulties which have had to be addressed. In 2009, 35% of sales were in the seven week period before Christmas and a further 10% before Easter; the impact of this on both manufacturing and service were significant, with overtime working and temporary staff covering the increased necessary positions. In addition, supermarkets have been developing their own-brand chocolates and engaged in a price war with each other, which has hit Thorntons' sales. The company has been developing and implementing various other business models over recent years to meet the changing market conditions. In June 2015, the Italian chocolate maker Ferrero purchased Thorntons for £112,000,000. …

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