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Fannie May Confection Brands history
Fannie May Confection Brands company history timeline
The first Fannie May retail store was opened by H. Teller Archibald in 1920 at 11 N. LaSalle St in Chicago.
The New York Times notice of the alimony award (June 15, 1930) said that Mildred Archibald claimed to have "financed the candy enterprise at its inception and had a great deal to do with the growth and management" of the firm.
The 70-year-old company entered the United States market in 1969 with Tic Tac breath mints and subsequently introduced Ferrero Rocher pralines and Nutella hazelnut spread.
1970 Fannie May introduces a new candy, the Trinidad.
In 1970, the company came out with another best-selling product, a chocolate and coconut affair called the Trinidad.
The Jordan Co. had been in business only since 1985, and in six years it had acquired 35 private firms.
Broekel, Ray, The Chocolate Chronicles, Lombard, Ill.: Wallace-Homestead Book Co., 1985.
Then in 1991, the Thorne family decided to sell the company.
As a result, H. Teller Archibald opened another store, again in Chicago, which was met with similar success. It seemed only natural, in 1994, that Archibald Candy Corporation purchase Fanny Farmer Candies, bringing the number of stores to over 330.
"in brief: chicago candy maker plans retail kiosks." las vegas review-journal, 23 may 1997.
pollock, will. "store fronts." national real estate investor, 1 june 1997.
Annual sales at fiscal year end August 1997 were $121.9 million.
The company brokered a licensing agreement with card-maker Hallmark in 1998 and began selling Fannie May chocolates in Hallmark's 5,000 retail stores.
1999 The company acquires the large Canadian candy maker Laura Secord.
The company had sales of $80 million in 2003, and Fannie May's sales that year were $183 million.
The company arranged to sell its Canadian subsidiary, Laura Secord, and it was to emerge from bankruptcy in late 2003.
Alpine Confections Corporation realized the utility of the history, profitability and customer base of Fannie May and bought the company shortly afterward, moving their base of operations to Ohio in the process, in the year 2004.
In 2006, Alpine announced that it had sold three of its brands: Fannie May, Fanny Farmer, and Harry London, as well as its Ohio plant, to the flower and gift delivery company 1-800-Flowers.com.
The company was purchased by New York-based 1-800-Flowers.com in 2006 for $85 million.
"Fannie May Confections Brands, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/fannie-may-confections-brands-inc
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Fannie May Confection Brands competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Pepper Palace | 1989 | $1.4M | 15 | - |
| Hudson Trail Outfitters | 1971 | $46.0M | 200 | - |
| Manufacturing | - | $440.0M | 2,245 | 1 |
| Maui Clothing | - | $2.3M | 19 | - |
| Tous | - | $290,000 | 5 | - |
| Red Wing Shoes | 1905 | $370.0M | 1,504 | 85 |
| FragranceNet.com | 1997 | $1.7M | 25 | 10 |
| PCX | 1989 | $35.7M | 50 | 2 |
| GARDNERS CANDIES | 1897 | $460,000 | 7 | - |
| Yogibo | 2009 | $2.7M | 25 | - |
Fannie May Confection Brands history FAQs
Zippia gives an in-depth look into the details of Fannie May Confection Brands, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fannie May Confection Brands. The employee data is based on information from people who have self-reported their past or current employments at Fannie May Confection Brands. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fannie May Confection Brands. The data presented on this page does not represent the view of Fannie May Confection Brands and its employees or that of Zippia.
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