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Chief Executive Officer Fidji Simo will have to convince investors of her strategy to pivot the company to focus on grocery technology over grocery delivery.
Orders on the platform were virtually flat in the first half of 2023 compared with a year earlier as cities reopened and people returned to restaurants and grocery aisles.
J.M. Smucker was founded in 1897 by Jerome Monroe Smucker, selling homemade cider and apple butter door to door from the back of his horse-drawn wagon.
September 11, 2023
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The deal looks to triple Heartisan’s manufacturing capacity, support the Cheese Brothers online brand with expanded fulfilment capabilities, and allow Heartisan to launch new products.
Grupo CRM operates a direct-to-consumer model, with more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands and an online presence.