Canada Markets closed

Jacques Torres on Valentine’s Day, ‘Nailed It’ and his new deal with Costco


Naturally, famed chocolatier Jacques Torres doesn’t send roses on Valentine’s Day. “You cannot eat flowers. You can just smell them,” he joked on Yahoo Finance’s The Final Round. “Chocolate is the best thing,” he said.

‘The biggest single day’ of the year

Torres – whose eponymous chocolate brand is celebrating its 20th anniversary this year – says Valentine’s Day is the company’s “biggest single day” for sales. For the holiday, Torres resurrects classics, like chocolate-covered strawberries, while also offering something sweet for those who think love stinks. “Some people don’t like Valentine’s, so we put a little skunk that has a heart,” explains Torres.

Chef Jacques Torres (Photo by Neilson Barnard/Getty Images for the New York Culinary Experience)

Costco partnership

Jacques Torres Chocolate currently boasts seven stores in New York City, but the company is expanding its reach further through a new partnership with Costco (COST), where it will introduce a new fruit-and-nut chocolate product.

“Saturday, day after [Valentine’s], we are launching this product in Costco,” he said. “It’s dark chocolate, superfoods. It’s good, it’s good for you.”

Partnering with the big-box store was a challenge, Torres said. “You have to be ready... don’t like to order if you cannot deliver. But if you can deliver – and you know, it’s up to you to make a deal that works for you – I think it’s a great company. I love to shop at Costco. They [have] good products.”

‘Nailed It!’

Torres “cannot believe” that his company is 20 years old. “I [would] never think for us to stay in business twenty years in New York City; it’s a big accomplishment,” said Torres, who left his prestigious job at Le Cirque to open his own shop in Brooklyn.

TODAY -- Pictured: (l-r) Jenna Bush Hager, Nicole Byer and Jacques Torres on Wednesday, July 10, 2019 -- (Photo by: Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images)

In addition to running his chocolate empire, Torres now co-hosts the culinary competition “Nailed It!” on Netflix, alongside comic Nicole Byer. “The show, the television show, this is great. ... We have a lot of fun doing it. We make fun of the competitors.”

But there’s something he likes even better about the show. “This year, we take a stand, and we want to make a difference, global warming. Also, people who grow chocolate [ingredients], we want to give them enough money for them to continue to do what they do. So the whole year is focusing on that.”

Olivia Balsamo is a producer for Yahoo Finance.

More from Olivia:

Uber and Lyft 'cut costs at the expense of workers,' says California lawmaker

Fake news and political ads are bigger problems than hacking

A wealth tax is possible and America needs one

Warren's wealth tax would solve economic inequality

Read the latest financial and business news from Yahoo Finance

Follow Yahoo Finance on Twitter, Facebook, Instagram, FlipboardLinkedIn, and reddit.