A spokesman for Thorntons has confirmed the closure of its Douglas store.
The chocolatier is to shut all of its 61 stores across the UK, putting 603 jobs at risk as it plans to move its operations online and focus on selling its products through supermarkets and other stores..
Speaking to Gef the company said in a statement: ‘All Thorntons owned stores are going into consultation, including the Isle of Man store.’
The retailer said it has been hit hard by the pandemic, which has kept many of its stores shut for key periods around Christmas and Easter.
Adam Goddard, retail director at Thorntons, said: ‘Changing dynamics of the high street, shifting customer behaviour to online, the ongoing impact of Covid-19 and the numerous lockdown restrictions over the last year – especially during our key trading periods at Easter and Christmas – has meant we have been trading in the most challenging circumstances.
‘Unfortunately like many others, the obstacles we have faced and will continue to face on the high street are too severe and despite our best efforts we have taken the difficult decision to permanently close our retail store estate. We will now go into full consultation with our colleagues across our 61 Thorntons-owned stores.’
The company, which was founded in Sheffield in 1911, was bought by Italian food giant Ferrero in 2015 for £112 million.
Thorntons joins other big name brands Burton, Dorothy Perkins, Topshop and Wallis in departing the capital’s high street since the start of the year.