How does the brand with the top sellers in the category go bankrupt?
“Several Del Monte products hold the number one or two market share position.”
this post was submitted on 02 Jul 2025
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The investor fact sheet sourced for that line is over a decade old.
I can't say for sure how things have changed since then that could cause bankruptcy though... maybe people are preferring more products labled "natural" and "organic"?
I read an MSN story that said they were bought by an outfit in the Philippines and then saddled with a bunch of debt. What a waste.