{"id":78513,"date":"2024-08-28T10:28:04","date_gmt":"2024-08-28T03:28:04","guid":{"rendered":"https:\/\/echowoven.com\/?p=78513"},"modified":"2024-08-28T10:28:04","modified_gmt":"2024-08-28T03:28:04","slug":"campbells-soup-gets-some-terrible","status":"publish","type":"post","link":"https:\/\/echowoven.com\/campbells-soup-gets-some-terrible\/","title":{"rendered":"Campbell\u2019s Soup Gets Some Terrible"},"content":{"rendered":"
Adding to the company\u2019s woes is an internal power struggle. The Dorrance family, owning 40% of Campbell\u2019s shares, is at odds with Daniel Loeb of Third Point, who holds around 7% of the stock. Loeb advocates for radical changes, including rebranding and altering Campbell\u2019s iconic red and white cans, sparking legal disputes over alleged mismanagement.\n
In a recent development, Campbell\u2019s has agreed to appoint two directors proposed by Third Point, suggesting potential changes ahead as the company strives for survival.\n
\n
The potential closure of Campbell\u2019s Soup would not only be a significant loss for its loyal consumer base but also a clear indicator of the larger shift in consumer preferences away from processed foods. To remain relevant, Campbell\u2019s must embrace adaptation and overhaul its business model.\n
Campbell\u2019s current trajectory offers valuable lessons for other established brands on balancing tradition with innovation, making its journey a critical case study in navigating consumer-driven market changes.\n","protected":false},"excerpt":{"rendered":"
Adding to the company\u2019s woes is an internal power struggle. The Dorrance family, owning 40% of Campbell\u2019s shares, is at odds with Daniel Loeb of Third Point, who holds around 7% of the stock. Loeb advocates for radical changes, including rebranding and altering Campbell\u2019s iconic red and white cans, sparking legal disputes over alleged mismanagement. …\n","protected":false},"author":30,"featured_media":78514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-78513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/posts\/78513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/comments?post=78513"}],"version-history":[{"count":1,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/posts\/78513\/revisions"}],"predecessor-version":[{"id":78515,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/posts\/78513\/revisions\/78515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/media\/78514"}],"wp:attachment":[{"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/media?parent=78513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/categories?post=78513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echowoven.com\/wp-json\/wp\/v2\/tags?post=78513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}