But a week later, 1-800-Flowers.com, Fannie May’s New York-based parent company, announced it would sell the brand -- along with the Harry London brand, an Ohio manufacturing facility, two warehouses and 79 retail stores -- to Ferrero International for $115 million.
At this month’s State-of-the-Industry Conference organized by the National Confectioners Association, several speakers reinforced the health and wellness trend as it applies to confections and snacks. At an early morning supplier member meeting featuring executives from Mondelez International, it became clear that this multinational’s focus rests on “well-being snacks.”
Fannie May is undeniably among the city’s confectionery elite, not only for its signature sweets, but for its ability to underscore the company’s Chicago connection and to reach residents and tourists alike. And those are things the company never forgets to celebrate, says Fannie May President Steve Druckman.
Nonetheless, Today's Jeff Rosen ―who leads us to believe he’s quite a candy lover ―goes on a movie house shopping spree in the segment, purchasing Nestlé and Just Born products. He then returns to the studio and carefully stands up the boxes, cutting open a flap in each one to show the amount of white space there is before one sees actual candy.