Items Tagged with 'layoff'

ARTICLES

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.

May 8, 2018

The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.

Former ceo launches fundraising effort to save NECCO

Massachusetts company faces layoffs if it doesn’t find a buyer.

Alyse Thompson

April 18, 2018

No Comments

A past president and ceo of New England Confectionery Co. (NECCO) has launched an initiative to save the Revere, Mass.-based manufacturer, which faces laying off nearly 400 employees if it doesn’t find a buyer.

Candystore.com sees NECCO wafer sales boom after news of potential layoffs breaks

Sales of NECCO wafers went up 63 percent.

Alyse Thompson

April 11, 2018

No Comments

Online bulk candy retailer Candystore.com says it has seen a boom in NECCO wafer sales after Revere, Mass.-based New England Confectionery Co. announced in March it could face major layoffs and possible closure if it doesn’t find a buyer.

NECCO seeking buyer, facing major layoffs

Massachusetts-based company could lay off 395 employees if the company is not sold by May 6.

Alyse Thompson

March 28, 2018

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The Boston Globe, the Shelby Report and other sources reported NECCO CEO Michael McGee told Massachusetts and Revere officials in a March 6 letter that the 171-year-old company has been in negotiations with potential buyers.

Closure

Ferrara Candy closes Chattanooga plant

Candy company plans to consolidate production, lays off manufacturing workers at plant.

Kelsey Ott

October 6, 2014

No Comments

Ferrara Candy Co. announced another closure last month, this time affecting its Chattanooga location.

From grandma’s kitchen to Amy’s Candy Bar

A corporate layoff prompts Amy Hansen to pursue her real passion — baking — which leads to opening up a one-of-a-kind sweets shop.

November 14, 2012

3 Comments

Blame it on Grandmother Geraldine. That’s where Amy Hansen learned her love for baking, which eventually led to candy making.

2021 Candy State of the Industry

On Demand Confectionery industry experts weigh in on the state of the candy industry, which has gone through the most massive shift in recent memory after grappling with COVID-19. While confectionery as a whole proved to be “pandemic proof,” not every individual category fared so well. Experts will share the insights they’ve gleaned over the last year, while also offering predictions on what’s to come.

Seasonal Candy Trends in a Post-Pandemic World

Seasonal candy continues to drive innovation and growth in the industry, and candymakers are tapping into that potentially more than ever before. While the focus on traditional fall and winter holidays remains strong, candy companies are creating more products for non-traditional celebrations during other times of the years, and they are marketing them in exciting new ways to reach consumers both in-store and online.

Poll

Does your company plan to develop or introduce products over the next year that fit any of the following trends?

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Poll Archive

Products

Natural Food Flavors and Colorants, 2nd Edition

Although many foods are appealing, and even perceived as natural, in spite of containing synthetic additives, consumer increasingly prefer food products which are fully natural.

See More Products

Items Tagged with 'layoff'

ARTICLES

NECCO set for bankruptcy auction

Former ceo launches fundraising effort to save NECCO

Candystore.com sees NECCO wafer sales boom after news of potential layoffs breaks

NECCO seeking buyer, facing major layoffs

Ferrara Candy closes Chattanooga plant

From grandma’s kitchen to Amy’s Candy Bar

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