Fannie May

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This article is about the brand of chocolates. For other uses, see Fannie Mae.
Fannie May Confection Brands, Inc.
TypeSubsidiary
IndustryFood
Founded1920; 102 years ago (1920) in Chicago, U.S.
FounderH. Teller Archibald
ProductsChocolate bars, bonbons
Brands
  • Carmarsh
  • Mint Meltaways
  • Pixies
  • Trinidads
ParentFerrero SpA (2017–)
Websitefanniemay.com

Fannie May Confection Brands, Inc. is an American chocolate manufacturer headquartered in Chicago and currently owned by Italian company Ferrero SpA.[1] Fannie May manufactures a broad variety of products including enrobed, barks, caramels, squares, berries, twist wrapped, molded, flow wrapped, and boxed chocolates. In attempt to reach all consumers, Fannie May became allergy conscious carrying candy without gluten, milk, honey, oil(s), wheat, eggs, etc. as well as listing the health benefits of eating dark chocolate.[2] The Union of Orthodox Jewish Congregations of America certified many of Fannie May's products to be kosher as well.[3][4]

History & Products[]

1920[]

Buttercreams[]

The first Fannie May shop was opened in 1920 by Henry Teller Archibald at 11 North LaSalle Street in Chicago. His Buttercreams are introduced and become an instant success.

1939[]

World War II[]

In the midst of World War II, the ingredients for Fannie May's recipes were hard to come by. However, they chose to not change their recipes. Fannie May's vision was to create premium chocolates without ever compromising the taste of their products.[5]

1946[]

Pixies[]

In 1946, just after World War II, Fannie May created its most well-known candy to date, the Pixie.

1963[]

Mint Meltaways[]

Mint Meltaways come out which are a combination of rich dark chocolate and refreshing peppermint coated with chocolate or a green pastel confection.

1972[]

Trinidads[]

A new recipe, the Trinidad comes to fruition created from a rich dark truffle centers enrobed in white confection and toasted coconut. The name comes from the island nation that is a source for legendary cocoa and coconut.

1980s[]

Expansion[]

By the mid-1980's Fannie May had expanded southward from its first store in Chicago, Illinois, opening its first store in Missouri, and the business had benefited and been booming such that by the end of the decade Fannie May retail stores were scatted across more than 250 locations mostly still centered around the Midwest U.S.

1992[]

Carmarsh[]

The Carmarsh is created, bringing together caramel, marshmallow, and chocolate and quickly becomes a customer favorite.

History & Ownership[]

After purchasing Fannie May from Archibald Candy, Alpine Confections moved production to the company's Ohio based Harry London Candies, which had been purchased by Alpine Confections a year earlier, hoping to make a profit with the history of the confectionery's brand and reopened it in October 2004.[6] Led by entrepreneurs R. Taz Murray and David Taiclet, the integration of this acquisition was highly successful.

In April 2006, Fannie May was sold for $85 million plus an earnout to publicly traded Internet retailer 1-800-Flowers.com.[7] Alpine Confections again tapped investment banker Paragon Capital Partners for this transaction.[8] The e-commerce retailer has since built a new business division, Simply Chocolate, to replace their chocolate category. The new business was more of an online platform that allowed shoppers to select from their wide selection of candy, meeting their expectations.[9] The chocolates and candy continue to be manufactured in Green, Ohio, under Fannie May Confections Brands Inc, while their corporate headquarters remains in Chicago, Illinois.

In March 2017, the Italian confectionery giant Ferrero SpA bought Fannie May from 1-800-Flowers.com, for $115 million.[10]

Warehouse[]

Taken on February 2, 2014 by Corey Coyle
One of Fannie May's stores, in Madison, Wisconsin

On Thanksgiving Day 2014, a fire broke out in a Fannie May warehouse in Maple Heights, Ohio. While none of the staff or employees were hurt, the majority of the products from holiday orders were lost and the building was severely damaged. The only thing that survived after the warehouse fire in 2014 was the "Fannie May Strong" banner. It was pulled from the rubble and still hangs in the warehouse as a reminder.[11][12]

Partnerships[]

Fannie May has been partners with a couple of Chicago sports teams, since they are solely based in Illinois and founded in Chicago. Fannie May was a sponsor of the Chicago Blackhawks. For a while, Fannie May played upon the hockey team's slogan creating, "Fannie May Strong One Team, One Goal". The Blackhawks store in downtown Chicago on North Michigan Avenue at one point had a Fannie May residing underneath it.

In early 2016, Fannie May decided to sponsor another famous Chicago team. They became partners with the 2016 World Series Champions, the Chicago Cubs. The Cubs announced before the 2016 season that Wrigley Field was undergoing some changes, but would be up and running before the home opener. One of these changes included a marketing opportunity for Fannie May. Replacing the Budweiser Suite is the Fannie May Bleacher Suite. Wrigley Field's largest luxury suite holds roughly 70-100 people and gives them a view of center field. The suite also offers amenities as well.[13][14]

As the official chocolate of the Chicago Cubs, Fannie May has also introduced a line of Cubs candy. The candy is baseball themed with inspiration from the Chicago Cubs.[15]

Changes[]

One change was the remodeling of the North Michigan Avenue store. Out of the five Fannie Mays in the Loop, this was the only one that had a remodel and has been reopened. "The Cafe at Fannie May" now has bakery items, a new modern space in and outside, and seating.[16]

After the candy company filed for bankruptcy, more than 200 of its retail stores were closed. After six years of debt, Fannie May finally saw a turnaround and thrives because of both old and new business techniques, staying true to decades-old chocolate recipes while also expanding online and retail sales. In March 2017, the Italian confectionery giant Ferrero SpA bought the chocolate maker from 1-800-Flowers.com. The maker of Nutella announced a multimillion-dollar deal to buy out Fannie May and Harry London. The international company closed the deal on May 30, 2017 and paid $115 million. With over 80 stores and 150 employees, Fannie May continues to operate production facilities in Ohio, as well as distribution centers in Chicago and Ohio.[17] Ferrero mentions that they hope to expand Fannie May as a whole. They want to provide Fannie May locations across the nation, not just in Chicago.[18][19][20]

References[]

  1. ^ Marton, Renee (May 1, 2007). Smith, Andrew F. (ed.). The Oxford Companion to American Food and Drink. Oxford Companions (Hardcover) (1st ed.). Oxford/New York: Oxford University Press. p. 213. ISBN 978-0195307962. Retrieved August 4, 2014.
  2. ^ "Health & Chocolate - Fannie May". www.fanniemay.com. Archived from the original on 2013-01-31. Retrieved 2017-05-08.
  3. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2015-05-09. Retrieved 2017-05-08.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ Genack, Rabbi Menachem (October 1, 2009). "Orthodox Union Letter of Certification" (PDF). Archived from the original (PDF) on May 9, 2015.
  5. ^ "History of Chocolate". Fannie May. Archived from the original on August 10, 2014. Retrieved August 4, 2014.
  6. ^ "Alpine Confections Awarded Fannie May and Fanny Farmer Brands". Gourmetretailer.com. Retrieved 2013-04-22.
  7. ^ "Paragon Capital Partners Completes Sale of Fannie May Confections Brands, Inc. to... - re> NEW YORK, May 2 /PRNewswire/". New York: Prnewswire.com. Retrieved 2012-03-07.
  8. ^ "Transactions of the Year Put Dealmakers in the Spotlight at TMA Annual Convention — Turnaround Management Association". Turnaround.org. Archived from the original on 2012-04-02. Retrieved 2012-03-07.
  9. ^ confectionerynews.com. "1-800-Flowers.com executive reflects on Ferrero's acquisition of Fannie May chocolate: 'we got a proverbial offer we couldn't refuse'". confectionerynews.com. Retrieved 2019-05-06.
  10. ^ Ferrero to purchase Fannie May on Candy Industry, March 16, 2017 by Alyse Thompson
  11. ^ "Thanksgiving fire destroys Fannie May warehouse and distribution facility". Retrieved 2017-05-08.
  12. ^ "Fannie May Chocolates warehouse reopens after 2014 fire in Maple Heights (photos)". cleveland.com. Retrieved 2017-05-08.
  13. ^ "Cubs Fannie May Bleacher Sweet". Chicago Cubs. Retrieved 2017-05-08.
  14. ^ Reichard, Kevin (2016-03-31). "Cubs Announce Wrigley Field Changes for 2016". Ballpark Digest. Retrieved 2017-05-08.
  15. ^ "Search Results". www.fanniemay.com. Retrieved 2017-05-08.[permanent dead link]
  16. ^ Bomkamp, Samantha. "Fannie May flagship to reopen Wednesday with seats and more treats". chicagotribune.com. Retrieved 2017-05-08.
  17. ^ Channick, Robert. "Italian maker of Nutella buys Fannie May". chicagotribune.com. Retrieved 2019-05-06.
  18. ^ "Ferrero to purchase Fannie May Confections Brands for $115 million". Retrieved 2017-05-08.
  19. ^ "Ferrero International to acquire Fannie May Confections". Retrieved 2017-05-08.
  20. ^ Channick, Robert. "Italian maker of Nutella buys Fannie May". chicagotribune.com. Retrieved 2017-05-08.

Further reading[]

  • Kimmerle, Beth (September 2003). Candy: The Sweet History (Hardcover) (1st American ed.). Portland, Oregon: Collectors Press, Incorporated. p. 176. ISBN 1888054832.

External links[]

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