Campbell’s soup has been around for almost two hundred years, and it is one of the most beloved brands in soup today.
It is effectively an American institution, which is why so many people are devastated right now after it was reported that Campbell’s may be shutting down.
The stakeholders of Campbell’s just got into a massive fight that resulted in various financial facts about the company coming to light.
Over the past few years, the majority of Americans have been moving away from processed foods in favor of choosing more natural options.
When their sales went down, Campbell’s started buying up other companies to try and diversify, but this turned out to be a huge mistake. Now, the company has found itself $9 billion in debt.
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