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Godiva Throws In The Towel In North America | ||
2021-01-26 | ||
Granted it's a high-end niche thing they're selling and they'll keep going online, but they did hang on for nearly a year before bailing out. The Democrats destroy yet another business in the United States (and Canada!). [Zero Hedge] - Godiva is riding its company horse out of North America and shutting down or selling all 128 of its brick-and-mortar locations in the U.S. and Canada by the end of March, the chocolatier announced on Sunday. And while the company’s stores in the Middle East, Europe, and China will remain open, Eater.com notes that that’s of little use to America’s last-minute gift-givers who previously could’ve counted on swinging by the mall post-work and treating their loved ones to a gilded box of truffles. When the heart boxes from CVS just won't do...
CEO Nurtac Afridi, who was appointed to the role last month by Govida’s Turkish parent company Yildiz Holding,
Collateral damage will ensue, of course - half of those 'brick and mortar' former places of business won't be rented out again for years. Maybe my opinion changes by the summer but if Boston's Financial District / South Station area's any indication, it's gonna be a while, as there's been no noticeable uptick in train ridership, highway traffic, etc., around here since this shit started ten months ago with one serious snowstorm so far. | ||
Posted by:Raj |
#2 several dozen companies make gourmet chocolates even within the Belgian-style chocolate (Godiva's brand) there is competition Yildiz, the owner of the Godiva business is privately held so the actual finances of Godiva are unknown. Personally, I like Green&Black chocolates. They are upfront about ingredients, taste wonderful and are affordable (maybe 20% more than Hershey's by weight). |
Posted by: Lord Garth 2021-01-26 15:05 |
#1 Hershey's still makes 85% of their products in the USA (according to them) They simply don't mention where the other 15% comes from... |
Posted by: M. Murcek 2021-01-26 13:12 |