Nestle will ditch its U.S. candy business next year
If you’re a fan of Butterfinger or Crunch bar or Raisinets or any of the dozens of candies that Nestle makes, your sweet tooth may soon be beholden to a new owner. Swiss food giant Nestle is getting out of the U.S. candy business by the first quarter of next year, selling its confectionery holdings here. Nestle has trailed behind candy competitors in the U.S. for years and says the move is more about profit than steering away from less-healthy snacks.
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
