If you munch on BabyRuth, Butterfinger, 100Grand, SkinnyCow, Raisinets, Chunky, OhHenry!, SnoCaps, SweeTarts, LaffyTaffy, Nerds, FunDip, PixyStix, Gobstopper, BottleCaps, Spree, and Runts, what would you say if they disappear? Morever, if these Nestlé bits are your favorite snacks during movie marathons or the best part of your early Halloweens, then this would be sad news.
These old-fashioned, classic candy bars have always satisfied our sweet tooth. Unfortunately, they might be in danger because Nestlé just announced that it’s considering selling its U.S. Confectionery business.
According to She Knows, these products won’t necessarily be gone forever if the sale takes place. Still, the candy bars could be sold under a new label. Possibly, a new recipe or formula will be delivered, depending on the future owner.
“Nestlé will explore strategic options for its U.S. confectionery business, including a potential sale.”
The company announced the news in a press release. Basically, nothing in life will ever be the same again. The expected completion of this is by the end of this year.
Nestlé’s CEO said the company is readying itself for mergers and acquisitions of its portfolio.
The company has yet to find a buyer, but that means the fate of our favorite candy bars is still up in the air and may disappear from store shelves for a while or even for good.
Nestlé holds the Americans responsible for this decision on being more interested in healthy snack alternatives. We may still love our sugar, but we’re eating less of it; industries like candy and cereal are feeling the impact.
The news made us sad. On one side, good job for U.S. citizens for finally taking their health into their own hands; they got educated and they broke the reliance on sugar and processed foods and handled nourishments. With our current obesity catastrophe and health care policy being very much in limbo, eating healthier is one simple way to maintain the country in better shape.
“It’s a first step away toward health and wellness,” Alain Oberhuber, an analyst at MainFirst Bank AG told Bloomberg.
Nestle hired brand new CEO, Mark Schneider, in February. Since then, the company seems to be leaning towards more nutritious products. Candy still sells, but people are increasingly becoming more aware of what they put into their bodies.
In conclusion, there’s definitely going to be some nostalgic sadness seeing Butterfingers, Crunch bars, and Baby Ruths disappear from the candy aisle.
However, will Nestle candies totally disappear? Not for international markets like the UK and Japan, where Kit Kats are flying off shelves.
Nestlé hopes to have a deal in place by the end of 2017. If this post hasn’t convinced you not to hoard candy bars, you have time to prepare.