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Thursday, July 03, 2025

Del Monte Foods Files for Bankruptcy

Del Monte Foods, known for its canned vegetables and fruit cups, has filed for Chapter 11 bankruptcy protection and is now seeking a buyer.

Posted by C0RI0LANUS at 07:32 AM | 2 COMMENTS | permalink | Comment on This Entry |

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C0RI0LANUS

Joined 2023/01/13
Visited 2025/06/11

Status: user

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US Senator Maggie Hassan (D-NH), as Ranking Member of the Joint Economic Committee, recently inquired with the CEOs of several companies regarding what the impact of Donald Trump's steel and aluminum tariffs will be on grocery costs for everyday Americans. Links:
  • Senator Hassan Letter
  • Del Monte Subsidiaries
    • https://ewscripps.brightspotcdn.com/dims4/default/b55f00f/2147483647/strip/true/crop/2860x1609+0+312/resize/1280x720!/quality/90/?url=http%3A%2F%2Fewscripps-brightspot.s3.amazonaws.com%2F61%2F92%2F3c1546b543469903de4579f9c95f%2Fap060622026189.jpg

    Comments

    Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

    It's funny they say the shift is towards "private label brands"... do you think they mean "store brands" at half the price... and a little salt.

    #1 | Posted by RightisTrite at 2025-07-03 07:59 AM | Reply

    A major food company goes bankrupt at the moment there's no one to harvest the crops?

    Mere coincidence.

    #2 | Posted by Zed at 2025-07-03 08:34 AM | Reply

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