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BUSINESS
March 9, 1993 | From Times Staff and Wire Reports
Whitman's Candy Is Sold to Russell Stover: Specialty food company Pet Inc. said it sold its Whitman's Chocolates business and trademark to Russell Stover for about $35 million. The sale had been opposed by the Bakery, Confectionery & Tobacco Workers Union, which said about 600 workers will lose their jobs. Under the deal, Pet will retain some unspecified assets of Whitman's.
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BUSINESS
March 9, 1993 | From Times Staff and Wire Reports
Whitman's Candy Is Sold to Russell Stover: Specialty food company Pet Inc. said it sold its Whitman's Chocolates business and trademark to Russell Stover for about $35 million. The sale had been opposed by the Bakery, Confectionery & Tobacco Workers Union, which said about 600 workers will lose their jobs. Under the deal, Pet will retain some unspecified assets of Whitman's.
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BUSINESS
October 15, 1985 | Associated Press
The richest of the rich in America is worth $2.8 billion, while the poorest of the rich checks in at a mere $150 million. But who's counting? Forbes magazine, that's who, and its 1985 list of the nation's 400 richest people is topped by Sam Moore Walton of Bentonville, Ark., who has made $2.8 billion through his Wal-Mart discount stores. Walton, who danced a hula on Wall Street last year when profit goals were met, replaced Gordon Getty, the front-runner for the past two years.
BUSINESS
February 24, 2000
* Waste Management Inc. named William Trubeck, chief financial officer of vending machine company International Multifoods Corp., as its new chief financial officer. Trubeck, 53, replaces Earl DeFrates, who resigned in July as the waste disposal company issued its second of four profit warnings last year. Don Chappel, interim CFO since August, will leave the company after Trubeck takes over March 6. Waste Management has blamed an inability to track revenue and costs for reduced profit.
BUSINESS
August 24, 1999 | ROBIN FIELDS, TIMES STAFF WRITER
Food makers are gambling big that grown-ups crave a return to the gooey comfort combo of their youth, peanut butter and jelly. Kansas City, Mo.-based Russell Stover Candies has introduced chocolate-covered peanut butter and jelly cups and is launching a $16-million promotional campaign built around the slogan "Don't you wish you could be a kid again?" The nostalgia appears to be, well, spreading.
NATIONAL
March 26, 2005 | From Associated Press
A symbol of Christianity that sits atop church steeples, dangles from necks and hangs on walls is ending up in Easter baskets, over the objections of some religious officials. A chocolate cross is being sold this Easter season by Russell Stover Candies Inc. in about 5,000 stores nationwide, in what experts say is apparently a first for a major American company. However, some are not happy about it.
BUSINESS
July 26, 1996 | KATIE FAIRBANK, ASSOCIATED PRESS
It's a sweet deal that may run afoul--a foul odor, that is. A year ago, Russell Stover announced plans to build a candy-making plant that would bring 600 jobs to this central Texas town. About $270,000 was invested to purchase land and blueprints for the factory were drawn up. But the rich smell of chocolate may never reach Corsicana if Griffin Industries is allowed to build a grease and fat processing plant nearby.
BUSINESS
November 19, 1998
Advil pain reliever ran 37 commericals in daytime broadcast television during the week ended Nov. 1 fot a total of 154 rating points, making it the most-watched daytime advertiser. Here arethe top advertisers that week. *--* Household Ads Rank Brand/product rating* shown 1 Advil pain reliever 154.0 37 2 Burlington Coat Factory 113.8 29 3 Whitman's Snoppy Treats candy 105.1 31 4 Sears portrait studios 112.5 23 5 Russell Stover Looney Tunes candy 100.3 28 6 Meridia prescription drug 86.
NEWS
March 10, 1992
Christian K. Nelson, who 72 years ago combined chocolate and ice cream in his small Iowa confectionary parlor and came up with the Eskimo Pie bar, has died in Laguna Hills. A spokeswoman for Reynolds Metals Co., previously the U.S. Foil Co., which bought Nelson out in 1924, said the Danish immigrant was 98 when he died Sunday. Nelson was brought to the United States as an infant in 1893 and received a teacher's certificate from the University of Nebraska in 1916.
NEWS
November 3, 1994 | LEO SMITH, SPECIAL TO THE TIMES
It's once again that time of year to give the universal gift of appreciation, love, friendship. We're talking the gift of chocolate. It's a staple of the holidays, perfect for that special someone with a sweet tooth, or for when you don't want to come to the party empty-handed. Of course, with stricter government regulations concerning nutritional labeling on the packaging of food items, this gift of love can also be construed as the gift of fat and calories.
BUSINESS
October 13, 1987 | Associated Press
Here is the Forbes magazine 1987 list of the 400 richest Americans in descending order of wealth, showing estimated fortune in millions, residence, source of wealth, age and industry. The industry codes are: MF, manufacturing; R, retail; M, media; T, high technology; AG, agriculture; OG, oil and gas; F, financial operations; RE, real estate; EC, engineering and construction; S, services. 1--Walton, Sam Moore, $8,500, Bentonville, Ark.
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