Thornton’s Thornton’s Thorntons Plc is one of the United Kingdom’s leading manufacturers and retailer of specialist chocolates. It is a British chocolate company established by Joseph William Thornton in 1911‚ the company remains more than 30 percent owned by the Thornton family. It is a company of nearly £200 million turnover with 400 shops and number of franchise. There are currently 4‚539 employees working with the company. The company had followed a strategy of in-house manufacture and retailing
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STUDY THORNTONS PLC Introduction In September 2003 Thorntons‚ the Uk’s largest manufacturer and retailer of specialist chocolates‚ completed a three-year planning period aimed at achieving a turnaround in the company’s performance. While company turnover had been increased to £167m (= €250m) providing Thorntons with an 8 percent share of its core market‚ boxed chocolates‚ profit after tax had declined to the lowest level for seven years (Exhibit 1). During that time Thorntons had set out
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Thornton Wilder was born in Madison‚ Wisconsin on April seventieth‚ 1897. He was born into the family of Amos Parker Wilder‚ his father‚ and Isabella Niven Wilder‚ his mother. Although Thornton was born alongside a twin brother‚ this brother sadly did not survive. He lost one brother‚ but he also had one older brother and three younger sisters. The family moved and lived in China for some time due to his father’s work. His father was a US consul general in Shanghai and Hong Kong. This family not
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Strategic Management Thorntons Case Study THORNTONS PLC CASE STUDY STRATEGIC MANAGEMENT COURSE � OUTLINE EXECUTIVE SUMMARY 2 1.0. INTRODUCTION 3 1.1. HISTORICAL BACKGROUND 3 1.2. CURRENT STATUS 5 1.2.1 SALES BREAKDOWN 5 1.2.2 STOCK INFORMATION 6 1.2.3 CURRENT STRATEGY 8 1.2.4 IMPROVED MARGIN AND COSTS 8 1.2.5 THORNTONS CAFÉ 9 2.0. CASE ANALYSIS 10 2.1. SCOPE OF BUSINESS 10 2.2. THE FIVE FORCES FRAMEWORK 10 2.3. STRATEGIC CAPABILITIES 12 2.3.1 RESOURCES 12 2.3.2 COMPETENCIES 12
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Introduction Thorntons is the largest‚ independent chocolate and confectionery company in the United Kingdom‚ founded by Joseph William Thornton‚ in Sheffield. It is a public company with both retail and manufacturing business. The company grew up from a cabin shop in 1911 over the years. His intention was to offer the best sweet shop in the town and later on after hundred years now it is the best and largest chocolate company in U.K. Today ‚ the company is based in Derbyshire ‚with 4000employers
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Chocolates Chocolate is one of the most popular food types and flavors in the world. Chocolates have become traditional gifts amongst certain holidays; chocolate bunnies and eggs on Easter‚ chocolate hearts or chocolate in heart-shaped boxes on Valentine’s Day. Chocolate is also used in cold and hot beverages‚ to produce chocolate milk and hot chocolate. A lot of chocolate lovers don’t really know what or which type of chocolates they are eating. There are varies types and all differ in sense‚ taste
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Bottom of Form 1 History Of Chocolate 2 0StumbleUpon1 Chocolate! The name brings memories of a sugary and scrumptious sweet in your mouth. Each and every person in the world‚ whatever be his age or his sex‚ loves the delicious sin. In fact‚ chocolate is one of the most preferred gifts on every occasion‚ birthday or anniversary‚ Valentine’s Day or Christmas‚ wedding or farewell. Whether it is your wife or your boyfriend‚ your kids or your in-laws‚ you can present chocolates to almost everyone. While
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A Little of History Chocolate is typically sweetened food produced from the seed of tropical Theobroma cacao tree. Although cacao has been cultivated by many cultures for at least three millennia in Maxico and Central America‚ its earliest documented use is by the Olmecs of south central Mexico around 1100 BC. In fact‚ the majority of Mesoamerican people made chocolate beverages‚ including the Mayans and Aztecs. The seed of cacao tree have an intense bitter taste and must be fermented to develop
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Chocolate Table of Contents Introductions……………………………………………………………………………………………………………………page 1 Table of Contents…………………………………………………………………………………………………………….page 2 Why is chocolate the most popular sweet? …………………………………………………………………….page 3 How is dark chocolate different from milk chocolate? …………………………………………………….page 3 How are cocoa beans grown? ………………………………………………………………………………………….page 4 How was discovered? ………………………………………………………………………………………………………page 4 Conclusion ………………………………………………………………………………………………………………………
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The Chocolate Industry (GLOBAL OVERVIEW) Who are the main manufacturers of chocolate in the world? Company | Net Sales 2011 (US$ millions) | Kraft Foods Inc (USA) | 19‚965 | Mars Inc (USA) | 16‚200 | Nestlé SA (Switzerland) | 12‚808 | Ferrero Group (Italy) | 9‚612 | Hershey Foods Corp (USA) | 6‚112 | Chocolade fabriken Lindt & Sprüngli AG (Switzerland) | 2‚796 | August Storck KG (Germany) | 2‚205 | Yildiz Holding (Turkey) | 2‚095 | Meiji Co (Japan) | 1‚791 | Arcor Group (Argentina)
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