A great British survival story

Not long ago Thornton's was leaving the high street at a rapid pace as a casualty of the economic down turn.  Today's news is very much welcomed by all those who admire a great brand and a great British success story.  
( http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10674212/Thorntons-makes-biggest-manufacturing-investment-for-25-years.html )

Having staved off disaster the company has announced greatly improved financial results as a consequence of changing its business model.  Thorntons have reduced their presence on the high street over the past years, and continue to do so, but focusing on supermarkets and seasonal themes has raised profits.

Congratulations and best wishes for continued success.

Comments

Post a Comment

Popular posts from this blog

Contract Management - Video

Our first video; Contract Management.  If you have any comments please post, all welcome.  If you can't see the video on an Apple device the video will be available soon on You Tube.   The You Tube link is now at:   http://www.youtube.com/watch?v=uMRb8OaDNtk
Read more

How transparent are some sectors?

The Israeli missile Barak missile has now finally cleared the procurement process in India, 5 years since it started.  What was the reason fro the delay? Allegations of corruption (  http://www.firstpost.com/india/defence-ministry-clears-procurement-of-barak-missiles-1303271.html  ) In this particular case there was no case to answer. Indian defence procurement has had recent problems with allegations of corruption, the most notable of which has been the recent case of Finmeccanica resulting in the loss of a significant helicopter order $750m that could have led to a further order of $250m.  Not only was the first order cancelled but subsequent investigations into the original deal resulted in the successful prosecution of the Finmeccanica CEO. However, the Finmeccanica story is not the first, in fact it is someway down the list of previous defence procurement scandals within the Indian defence sector with cases stretching back over thirty years. What is really in the article W
Read more

Just in time changes?

It is reported ( http://www.supplymanagement.com/news/2014/new-eu-procurement-rules-to-come-into-force-by-early-2015  ) that the government is moving to introduce the new EU procurement rules in early 2015. Whilst this is highly commendable it does raise the question of why introduce the new rules just ahead of the forthcoming purdah before the UK General Election?  With purdah starting on the 30th March 2015 surely this prevents any OJEU compliant procurement being completed prior to the start of purdah.  On a positive side it provides the opportunity for realistically six to eight weeks more time to become acquainted with the new rules before use after the election.
Read more