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Del Monte, the canned food aisle staple, files for bankruptcy (www.fox29.com)

posted 364 days ago by Jscholl17 364 days ago by Jscholl17 +128 / -0

Del Monte, the canned food aisle staple, files for bankruptcy

Del Monte Foods, the 135-year-old company known for canned goods, is joining the list of major retailers filing for Chapter 11 bankruptcy.

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– Cognizant 8 points 364 days ago +8 / -0

Subsidies drying up? Business model can’t work without them? Or is it the typical story of modern MBA’s driving a company into the ground with short term gains and long term destruction that was done to make them look healthier to investors?

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