Tropicana, which was founded in 1947 and has been a household name ever since, is in financial trouble and might have to file ...
Related: Distressed iconic food brand files for Chapter 11 bankruptcy Most recently, popular Los Angeles sourdough bakery Frisco Baking Company filed for Chapter 11 bankruptcy on Feb. 25 to reorganize ...
Hedge funds are hitting the exits of the orange juice trade, sending futures prices for the breakfast staple tumbling 46% ...
Japanese orange-juice makers have been trying to cope with poor overseas harvests and the effects of a weakened yen. They are turning to domestic farmers — but it's not that simple. A growing ...
America's favorite orange juice maker is in big financial trouble - hit by a triple whammy of problems. Hurricanes destroying fruit trees, insects ravaging orange groves and consumers cutting back ...
Orange juice's sweet taste once propelled it to the top of the charts. Today, that sugar content is more of a liability, making its popularity drop by more than half since its peak in the late 1990s.
Florida’s Natural Growers Inc. has sought help trying to improve its business as the wider orange juice sector grapples with significant headwinds in recent years. The juice maker has engaged ...
The world’s leading orange juice manufacturers may have to consider using alternative fruits as they face a supply crisis. A report from Fundecitrus and CitrusBR said that the climate crisis and ...
Another troubling sign for the orange juice maker is that its parent company, PAI Partners, recently gave Tropicana a $30 million loan. There are also other issues leading to Tropicana’s decline ...
Now, the funds and money managers are bailing out. Earlier this year, so-called managed money—as opposed to orange growers and juice makers who trade futures to lock in prices—had built up a ...