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Russell Stover Chocolates history
Russell Stover Chocolates company history timeline
Other maneuvers sought to have the patent declared invalid, which eventually happened in 1923.
In 1923, Russell and Clara created a new company from their home, packaging and selling boxed chocolates.
In 1924, the Stovers began selling boxes of their "Mrs.
Early in 1925 they opened their first factory in Denver.
In 1925, another factory began production in Kansas City.
A third factory opened in Lincoln, Nebraska, in 1942.
Stover's Bungalow Candies". However, 20 years later, in 1943, it was renamed Russell Stover Candies.
In 1946 he received the industry's Oscar equivalent, the Candy Kettle Award.
Besides introducing the Eskimo Pie, he had also patented dipping tables and a candy manufacturing process he termed the "Zephyr Freeze." Russell Stover continued to run the company until his death at age 66 on May 11, 1954.
Louis Ward and a partner bought the company $7.5 million in 1960.
The company opened a fourth factory in 1969 in Clarksville, Virginia, which complemented Ward's efforts to expand sales on the East Coast.
The school was started in 1987 following the retirement of several of its senior candy makers.
In 1993 Russell Stover Candies strengthened its position in the boxed chocolates market when an affiliate acquired the Pennsylvania-based Whitman's Candies.
He served as the company's chairman and president until 1993, when he retired after suffering a stroke.
By 1994, Russell Stover Candies was selling its candies in 50 company owned retail outlets, department stores, mass merchandisers, drug stores, and card and gift shops.
A fifth facility was scheduled to open in Abilene, Kansas, in 1995.
The company expanded its chocolate brands by acquiring Whitman's that year and Pangburn's in 1999.
Swiss chocolate maker Lindt bought Russell Stover Chocolates from the Ward family on July 14, 2014.
40,000 Consumers Vote Russell Stover #1.Our Pecan Delights have been voted as Product of the Year 2017 in the Chocolate Category from a survey of over 40,000 US consumers conducted by TNS. One bite and it’s easy to understand why.
Spurred by strong sales in 2019, Russell Stover Chocolates announced plans to expand its Iola, Kansas, Abilene, Kansas, and Corsicana, Texas facilities.
In 2020, Russell Stover Chocolates was the top sugar-free chocolate company in the United States.
In April 2021, Russell Stover entered an agreement with Topeka Correctional Facility to form a work release program, hiring 150 inmates to work at their Iola and Abilene facilities in Kansas.
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.
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Russell Stover Chocolates competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Whole Foods Market | 1978 | $16.0B | 91,000 | 1,786 |
| Quaker Oats | 1877 | $3.8B | 10,000 | - |
| United Natural Foods | 1976 | $31.0B | 19,000 | 324 |
| Casey's | 1959 | $14.9B | 16,891 | 441 |
| Kroger | 1883 | $147.1B | 465,000 | 8,647 |
| Sprouts Farmers Market | 2002 | $7.7B | 35,000 | 879 |
| Pinnacle Foods Group LLC | 1998 | $3.1B | 4,900 | - |
| The Great Atlantic & Pacific Tea Company | 1859 | $49.9M | 28,500 | - |
| Woodman's Food Markets | 1919 | $2.0B | 3,800 | 2 |
| World's Finest Chocolate | 1949 | $300.0M | 200 | 6 |
Russell Stover Chocolates history FAQs
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Russell Stover Chocolates may also be known as or be related to RUSSELL STOVER CHOCOLATES LLC, Russell Stover Candies, Russell Stover Candies LLC, Russell Stover Candies, Inc. and Russell Stover Chocolates.