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Asolica > Blog > Finance > Iconic 98-year-old sweet model information Chapter 11 chapter
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Iconic 98-year-old sweet model information Chapter 11 chapter

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Last updated: January 31, 2026 11:11 pm
Admin
2 weeks ago
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Iconic 98-year-old sweet model information Chapter 11 chapter
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Everybody has a sweet from their childhood that maybe they have not seen in just a few years. For me, it isn’t a lot a private favourite, however Espresso Nips remind me of my grandparents’ home, as my grandmother all the time had a stash of them.

Contents
  • Primrose Sweet Co. information Chapter 11 chapter
  • Primrose settled a category motion lawsuit
  • Primrose Sweet Chapter 11 chapter at a look
  • American sweet corporations face challenges

That is not a product you see on retailer cabinets fairly often, however they’re nonetheless made. Once I see them, I normally take an image and share it on social media or on the household group textual content.

“Candy is childhood, the best and bright moments you wish could have lasted forever,” wrote Sweet Bar creator Dylan Lauren in her e book “Dylan’s Candy Bar: Unwrap Your Sweet Life.”

Most individuals affiliate sweet with childhood, and Primrose Sweet Firm manufactures quite a lot of candies that kindle nostalgia. The 98-year-old firm might not be as effectively referred to as Hershey’s or M&M Mars, however its exhausting candies, taffy, and flavored popcorns have been bought nationally for many years.

Now, the corporate has been pressured into submitting Chapter 11 chapter.

Primrose Sweet Co. information Chapter 11 chapter

Based in 1928, Primrose Sweet Co. has operated for almost a century, producing exhausting candies, taffy, and flavored popcorn. It operates a manufacturing unit in Chicago and has outsourced some enterprise to a manufacturing unit in China.

Like many smaller U.S. sweet producers, it has confronted constant stress from increased home sugar prices and competitors from lower-cost imports, resulting in consolidation or relocation of manufacturing.

“Primrose Candy Co., a Chicago-based manufacturer of nonchocolate confectionery products, filed for chapter 11 protection on January 27, 2026, in the Northern District of Illinois. The company is seeking to restructure its financial obligations while maintaining its manufacturing presence in the Midwest,” in response to an RK Consulting put up on X, the previous Twitter.

The Chapter 11 submitting for Primrose Sweet Co. was confirmed on PacerMonitor and reported by Bondoro, detailing property estimated between $1 million and $10 million and liabilities of $10 million to $50 million.

“As of 2026, the company continues to operate a 130,000-square-foot manufacturing facility in Chicago, though it recently faced significant headwinds including the loss of two major contracts for lemon drop production worth approximately $1 million annually,” in response to the RK Consulting put up.

The corporate blamed these losses on “lower-cost foreign competition.”

“Additionally, the company managed liabilities related to a $125,000 biometric privacy settlement regarding the Illinois Biometric Information Privacy Act (BIPA) that reached a fairness hearing in July 2025,” it added.


Primrose has been working for almost 100 years.

Shutterstock

Primrose settled a category motion lawsuit

Carmen Ortiz filed a category motion lawsuit alleging that Primrose Sweet Co. collected its workers’ fingerprints with out making the disclosures and receiving the written consent required by the Illinois Biometric Data Privateness Act.

The corporate denied and continues to disclaim the allegations. A settlement was reached within the case.

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“Without admitting any fault or liability, and in exchange for a release of all claims relating to the collection of biometric information, Defendant has agreed to make up to $125,000.00 (available to pay Settlement Class Members, to pay a service award to Plaintiff for serving as the ‘Class Representative,’ to pay attorneys’ fees and expenses to Class Counsel, and to pay settlement administration costs,” in response to an internet site dedicated to the settlement.

After the deduction of bills, the online quantity every Settlement Class Member will obtain is projected to be $803.

Primrose Sweet Chapter 11 chapter at a look

Right here’s a snapshot of Primrose Sweet’s monetary state of affairs and chapter submitting, as reported from official sources. The filings spotlight how an organization beloved for nostalgic candies, together with many exhausting candies, is navigating monetary pressures whereas making an attempt to take care of its decades-long legacy.

  • Filed for Chapter 11 chapter safety within the U.S. Chapter Courtroom for the Northern District of Illinois on January 27, 2026.
  • The corporate is a Chicago‑based mostly exhausting sweet, caramel, and popcorn confection producer with operations courting again to 1928.
  • Estimated property: Between $1 million and $10 million
  • Estimated liabilities: Between $10 million and $50 million
  • Creditor expectations: The submitting notes funds obtainable to distribute to unsecured collectors, indicating the case isn’t a no‑asset or liquidation‑solely state of affairs at this stage.
  • Counsel: David Okay. Welch of Burke, Warren, MacKay & Serritella, P.C.
  • Standing: This Chapter 11 submitting places the corporate right into a courtroom‑supervised reorganization course of geared toward restructuring money owed whereas doubtlessly permitting operations to proceed — fairly than speedy liquidation.
    Supply: Bondoro

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American sweet corporations face challenges

Sugar costs and overseas competitors have introduced challenges for lesser-known American sweet manufacturers. Hershey and M&M Mars face the identical issues, however their scale and model names give them an edge over smaller rivals.

In line with information analyzed by the Sweetener Customers Affiliation based mostly on USDA figures, U.S. sugar costs had been about 105% increased than world sugar costs in 2023 — that means U.S. costs had been greater than double the world worth.

“Not only am I competing with unfair trade laws with places like Europe, but I’m also now having to buy ingredients that are sometimes twice as expensive,” Tess Albanese with Albanese Confectionery Group Inc. informed Manufacturing.internet.

“Untie my hand behind my back and let me have a fair fight […] We need to level the playing field so that my family can go out there and we can create jobs, and we can win on a national and international level.”

Sugar costs stay an ongoing drawback for the trade.

“We just found that it was better to just pay more for sugar and pass it along to the consumer than to be completely out of sugar,” Kirk Vashaw, chief govt officer of Dum Dums lollipop maker Spangler Sweet Co. informed Cato.org. “And there’s a lot of other companies that I think thought the same thing.”

Sugar costs have pressured some American sweet makers to maneuver their operations.

“These are not isolated examples. In recent decades, numerous companies have packed up for Mexico and even Canada to obtain this critical ingredient at competitive prices. As the president of one such firm said, ‘I just got tired of paying welfare to Big Sugar,’” Cato.org shared.

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