The packaged goods company was hurt by inflation, tariffs, excessive debt, and consumers who seek fresher alternatives.

The US business, a unit of Del Monte Pacific, said a proposed sale is “the most effective way to accelerate our turnaround”.

Del Monte Foods, the canned vegetables company, said it filed for Chapter 11 bankruptcy and secured financing to continue ...

Campbell Soup Co. plans to lay off a total 330 workers by summer 2026, when it permanently closes its Pacific Foods manufacturing plant in Tualatin, the company notified state officials Tuesday.

Walnut Creek-based Del Monte Foods announced Tuesday it has filed for Chapter 11 bankruptcy protection and is seeking a buyer ...