Hellman’s
Hellman’s is most likely best known for its mayonnaise. There’s a strong probability that you’re now sitting on a jar of it in your own refrigerator right this minute. In 1905, Richard Hellmann created his recipe by introducing a French condiment to the American market that was slightly different from the original. Customers at his shop were so enthusiastic about it that he decided to sell it on his own. Best Foods purchased the company in 1932 and continued to operate it for another 70 years. Unilever purchased Hellman’s for a whopping $20.3 billion in the year 2000. This isn’t awful at all for a simple dip that was created in New York City!
Hellman’s
We’re fairly sure that you were complete surprised to find out that a lot of our favorite American brands aren’t actually American anymore! Whether that’s a good or a bad thing, we’d leave it up to you, but with all of these amazing companies being mentioned, you might be surprised to find out that some of your favorite companies are shutting down some stores (or shutting down completely!). Let’s take a break from looking at the various companies that are no longer American and take a look at various companies that shut down stores last year.
Bloomingdale’s
Bloomingdale’s, a premium department store brand, with a long and profitable history dating back to 1861. However, it has come to light that they have been forced to close several of their outlets around the country. The reason for this is unclear, but it appears that the worldwide pandemic had a significant role. Bloomingdale’s issued a statement saying that by the end of 2021, many of its outlets will be permanently closed. Later, it was revealed that part of this procedure was due to the company’s three-year productivity improvement strategy.
Bloomingdale’s
