Russell Stover Candies
Parent Lindt & Sprüngli | | |
Subsidiaries | Whitman's and Pangburn's Chocolates | |
---|---|---|
Website | www |
Russell Stover Chocolates, Inc. is an American manufacturer of candy, chocolate, and confections. Founded by
History
In 1921, Russell Stover and his partner at the time,
When other companies[
Expansion
Louis Ward and a partner bought the company $7.5 million in 1960. He served as the company's chairman and president until 1993, when he retired after suffering a stroke. His sons, Scott H. and Thomas Ward, took over the business.[6] The company expanded its chocolate brands by acquiring Whitman's that year and Pangburn's in 1999.[5][7]
Acquisition by Lindt & Sprüngli and restructuring
Swiss chocolate maker
Attention was also given to developing its offering of
Spurred by strong sales in 2019, Russell Stover Chocolates announced plans to expand its Iola, Kansas, Abilene, Kansas, and Corsicana, Texas facilities. It also announced that its facility in Montrose, Colorado and several retail stores and distribution centers across the US would close in 2021.[13]
2020–present
The company was among those that participated in a July 2020 virtual job fair hosted by the Kansas public workforce program, designed to allow jobseekers impacted by the COVID pandemic to find employment while still practicing social distancing measures.[14]
In September 2020 the company
In April 2021, Russell Stover entered an agreement with
References
- ^ Smith, Aaron (July 14, 2014). "Lindt & Sprüngli to take over Russell Stover". CNNMoney. Archived from the original on April 21, 2021. Retrieved April 21, 2021.
- ^ Bray, Chad (July 14, 2014). "Swiss Chocolate Maker Lindt Will Buy Russell Stover Candies". DealBook. Archived from the original on October 6, 2017. Retrieved June 12, 2017.
- ^ Davis, Mark (March 10, 2015). "Lindt & Sprüngli paid $1.6 billion for Russell Stover". The Kansas City Star. Archived from the original on August 22, 2021. Retrieved August 21, 2021.(subscription required)
- ^ Duan, Charles (October 20, 2015). "Ice Cream Patent Headache". Slate. Archived from the original on July 18, 2018. Retrieved October 26, 2017.
- ^ a b "Russell Stover Chocolates Timeline – Russell Stover Chocolates". www.russellstover.com. Archived from the original on June 6, 2017. Retrieved June 12, 2017.
- from the original on February 12, 2017. Retrieved September 25, 2021.
- ^ "Brands That I Love". March 1, 2003. Archived from the original on February 15, 2017. Retrieved June 12, 2017.
- ^ Bray, Chad (July 14, 2014). "Swiss Chocolate Maker Lindt Will Buy Russell Stover Candies". DealBook. Archived from the original on October 6, 2017. Retrieved June 12, 2017.
- ^ a b Pacyniak, Bernie. "Russell Stover: How the chocolate company is evolving since being bought by Lindt". www.candyindustry.com. Archived from the original on September 25, 2021. Retrieved September 25, 2021.
- ^ Shoup, Mary Ellen (April 12, 2019). "Russell Stover corrects 'brand communication problem', brings sales growth to sugar-free chocolate product". foodnavigator-usa.com. Archived from the original on June 25, 2022. Retrieved September 25, 2021.
- ^ Mohan, Anne Marie (March 24, 2019). "Russell Stover redesign reverses three-year sales decline". Packaging World. Archived from the original on September 25, 2021. Retrieved September 25, 2021.
- ^ Lindell, Crystal. "2020 State of the Confectionery Industry: Better-for-you, sugar-free entice consumers amid COVID-19". www.candyindustry.com. Archived from the original on September 25, 2021. Retrieved September 25, 2021.
- ^ Collins, Leslie (January 14, 2020). "Russell Stover's new box of chocolates: expansion, hiring, job cuts". www.bizjournals.com. American City Business Journals. Archived from the original on April 24, 2023. Retrieved August 22, 2021.
- ^ Motter, Sarah (July 3, 2020). "KANSASWORKS Job Fair connects Kansans with jobs despite COVID-19 pandemic". Archived from the original on October 21, 2021. Retrieved October 21, 2021.
- ^ Svaldi, Aldo (June 3, 2020). "Russell Stover will close its Montrose plant ahead of schedule due to COVID-19". The Denver Post. Archived from the original on September 25, 2021. Retrieved September 25, 2021.
- ^ Tubbs, Justin (April 27, 2021). "Sale finalized on former Russell Stover candy shop; future of property in the air". Montrose Daily Press. Archived from the original on September 25, 2021. Retrieved September 25, 2021.
- ^ Sainato, Michael (July 20, 2021). "Companies claim there's a labor shortage. Their solution? Prisoners". The Guardian.com. Archived from the original on September 25, 2021. Retrieved September 25, 2021.