0$0.00

No products in the cart.

Tag: bumble

Falling tuna consumption didn’t crush Bumble Bee, but it didn’t help

For decades, the can opener and a tin of canned tuna were considered “pretty darn convenient,” according to Ken Harris, managing partner at Cadent Consulting Group, who has worked with the canned tuna business. But now, they’re considered a hassle. That’s one reason why Bumble Bee Foods filed filed for Chapter 11 bankruptcy Thursday as …

Falling tuna consumption didn’t crush Bumble Bee, but it didn’t helpRead More

Bumble Bee files for bankruptcy

Bumblebees chunk light tuna can food. Geri Lavrov | Getty Images Tuna maker Bumble Bee Foods said Thursday that it has filed for Chapter 11 bankruptcy protection, with an agreement from Taiwan-based FCF Fishery, its largest creditor, to purchase its assets for roughly $925 million. The bankruptcy proceedings are meant to reduce Bumble Bee’s debt …

Bumble Bee files for bankruptcyRead More