Rising inflation, increased interest rates, and changing consumer attitudes toward spending have led national food processing companies over the last two years to reevaluate their operations and shut down manufacturing plants to restructure their businesses and reduce expenses.

The 139-year-old brand filed for Chapter 11 bankruptcy and started a sale process for its assets.

Del Monte Foods, known for its canned vegetables and fruit cups, has filed for Chapter 11 bankruptcy protection and is now seeking a buyer, according to multiple reports.

Del Monte Foods, known for its canned vegetables and fruit cups, has filed for Chapter 11 bankruptcy protection and is now seeking a buyer, according to multiple reports.

Del Monte Foods, known for its canned vegetables and fruit cups, has filed for Chapter 11 bankruptcy protection and is now seeking a buyer, according to multiple reports.

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.5 million in debtor-in-possession financing that will allow it to operate normally as the sale progresses. “After a thorough evaluation […]

Get latest articles and stories on World at LatestLY. Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as US consumers increasingly bypass its products for healthier or cheaper options. World News | 139-year-old Canned Fruits and Vegetables Company Del Monte Seeks Bankruptcy Protection.

Grocery store mainstay Del Monte Foods said it is seeking a restructuring by filing for bankruptcy.The company said it secured $912.5 million in financing