News roundup–Thorntons, Pets at Home


  • Direct sales at confectioner Thorntons were £4.7
    million for the 14 weeks to 9th January, a 10.9 percent jump from
    the previous year, due largely to the relaunch of the consumer
    website and increased marketing efforts. Total sales fell by 2.4
    percent, to £80.7 million. But excluding private-label
    sales, which Thornton’s has “effectively ceased”,
    according to a statement, sales increased 3.0 percent.
  • Sales at Pets at Home for the six weeks to 7th January
    rose 10.4 percent rise in sales compared with the previous year.
    For the 41 weeks to 7th January total sales rose 16.5 percent and
    like-for-likes increased 9.8 percent. The company’s owner,
    Bridgepoint Capital, is still deciding whether to sell the
    business outright or float it on the stock market.

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