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Russell Stover Chocolates, Inc. is an American manufacturer of candy, chocolate, and confections. Founded by Russell Stover , an American chemist and entrepreneur, and his wife Clara Stover in 1923, it is an independent subsidiary of Swiss chocolatier Lindt & Sprüngli .
Louis Larrick Ward (November 18, 1919 - February 10, 1996) was an American businessman who successfully turned the Russell Stover Candies company into an international brand after purchasing the company in 1960.
During the 1940s, the name of the company was officially changed to Russell Stover Candies. [7] When Russell Stover died in 1954, five days after his 66th birthday, the company that bore his name was producing 11 million pounds of candy annually and selling its products through 40 Russell Stover shops and in about 2,000 department stores. [5]
Check out this giant box of chocolates with pieces that weigh nearly 40 pounds each.
In 1993, Pet sold the Whitman's brand to Russell Stover Candies, the major supplier of boxed candy in the United States. [5] In July 2014, Russell Stover was acquired by the international company Lindt & Sprüngli. [6] In 1984, Whitman's introduced its light chocolate.
During the Berkshire Hathaway shareholder meeting, CEO Warren Buffett talked about how Berkshire-owned See's candies has been affected by the coronavirus pandemic.
On July 14, 2014, Lindt bought Russell Stover Candies, maker of Whitman's Chocolate, for about $1 billion, the company's largest acquisition to date. [17] Due to the 60% praline market share of Russel Stover, Lindt became the third largest chocolate company in North America, while also having a presence with its other brands. [18]
Boston Celtics legend and NBA Hall of Famer Bill Russell died on Sunday at the age of 88. A look at his life on and off the court in pictures. ... Photos: Bill Russell (1934-2022) through the ...