May 21, 2012 |
Campbell Soup Co. will raise prices on its condensed soups by 5% in June as the company tries to turn itself around amid sliding profits. Blame high production costs and continued inflation for the price increase, according to Campbell Senior Vice President B. Craig Owens in a conference call with analysts. The company previously raised its soup prices 5% in June 2011. Sales for the soup segment - Campbell's most famous - fell 3% for the third quarter, which ended April 29. Overall, sales inched up 0.4% to $1.82 billion.
July 10, 2011 |
Why did Andy Warhol paint pictures of Campbell's soup cans? Why not, say, cans of Chef Boyardee ravioli? Or B&M baked beans? Why not Alpo, one of the first commercially available canned dog foods? Alpo was manufactured in Allentown, Pa., across the state from Pittsburgh, Warhol's hometown. Supermarkets stocked lots of canned goods, circa 1960. Any one of them could have signified the ubiquity of commercial imagery in contemporary American life. Any one of them could epitomize modern mass production at its most banal.
July 10, 2011
Andy Warhol's Campbell's Soup Cans Where: Museum of Contemporary Art, Grand Ave., 250 S. Grand Ave., Los Angeles When: Through Sept. 7; 11 a.m. to 5 p.m. Mondays and Fridays, 11 a.m.-8 p.m. Thursdays, 11 a.m.- 6 p.m. Saturdays and Sundays Cost: $10; free 5 to 8 p.m. Thursdays
CALIFORNIA | LOCAL
January 14, 2010 |
Donald E. Goerke, the Campbell Soup Co. executive who hit the bull's-eye of prepared foods by overseeing the creation of the kid-friendly circular pasta called SpaghettiOs, has died. He was 83. Gorke died Sunday of heart failure at his home in Delran, N.J., a Campbell spokeswoman confirmed. In the mid-1960s, Goerke -- pronounced GUHR-kee -- was dubbed "the Daddy-O of SpaghettiOs" for leading the team charged with creating an easy-to-eat canned pasta. Hundreds of shapes were proposed during the yearlong debate, but Goerke ended the chatter by saying, "Enough already!
August 10, 2007 |
Campbell Soup Co. is putting Godiva up for sale, saying the decadent Belgian chocolate does not fit with the company's focus on healthy, down-home foods. The Camden, N.J.-based company announced Thursday that it had hired Centerview Partners to advise it on what to do with Godiva Chocolatier Inc., which Campbell Soup has owned for more than 40 years.
July 10, 2007 |
Campbell Soup Co. laid out plans Monday to start selling its iconic soups in Russia and China, the world's largest soup consuming markets and two of its fastest-growing economies. Camden, N.J.-based Campbell, which pared back its international business in recent years to focus on boosting sales in North America, said soup servings in Russia and China far exceeded those of the United States, representing a big opportunity for the company to increase revenue. In the U.S.