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How ‘fresh is best’ foodies helped drive Del Monte Foods into filing for bankruptcy

Why This Matters

The iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts say.

July 2, 2025
06:49 PM
2 min read
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Advanced ➔ Results How ‘fresh is best’ foodies helped drive Del Monte Foods into filing for bankruptcyThe iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts sayPublished: July 2, 2025 at 2:49 p.

ETResizeListen(4 min)Canned fruit may have been a food favorite years ago, but experts say today’s shoppers often prefer something fresh from the duce aisle.

Photo: Getty ImagesSo much for your childhood memories of meals served with a side of canned peas and carrots, or desserts of canned peaches.

These days, Americans appear to be increasingly insisting that fresh is best when it comes to all things duce.

At least that’s what some food-industry experts are saying in light of the news that Del Monte Foods, one of the biggest companies in canned fruits and vegetables, is declaring Chapter 11 bankruptcy and undergoing a restructuring with new ownership.

The Author Charles PassyCharles Passy covers a variety of topics, includingpersonal finance, food, entertainment and anything and everything and quirky.

He also writes the Weekend Sip column, which covers wine, spirits and beer. In his spare time, he obsesses where to find the perfect slice of New York-style pizza. Him on Twitter @CharlesPassy.

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FinancialBooklet Analysis

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Key Insights

  • Bankruptcy filings can indicate sector stress and potential ripple effects on suppliers and competitors
  • Financial sector news can impact lending conditions and capital availability for businesses

Questions to Consider

  • What ripple effects might this bankruptcy have on suppliers, competitors, and the broader sector?
  • Could this financial sector news affect lending conditions and capital availability?

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