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Campbell closing plants as soup consumption falls

Campbell Soup Co. is closing two US plants and cutting more than 700 jobs as it looks to trim costs amid declining canned soup consumption. The world's largest soup maker said Thursday that it will close a plant in Sacramento, Calif., that has about 700 full-time workers.

Senh: Oh no. Not Sacramento!

 

For Campbell's, Another Weak Soup Season

Campbell's profit fell 5.4% as soup sales dropped 3% in the U.S. Continued weakness in soup was offset with better results in the quarter from the V8 juice brand and Pepperidge Farm's Goldfish Crackers and in Canada.

 

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