The Brand That Fed America for 130 Years Just Went Bankrupt
The Hustle
•September 18th, 2025
DESCRIPTION
For over a century, Del Monte was the canned-food king—your pantry’s security blanket, your grandma’s secret stash, the “recession-proof” brand that outlasted wars, depressions, and more than a few questionable Jell-O salads.
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So how did the King of Canned Food end up bankrupt in 2025? In this breakdown, we dig into the wild ride of debt-fueled buyouts, shifting American tastes, steel tariffs, and one pandemic-sized inventory disaster. From Cold War bunkers to modern grocery aisles, we’ll show you how Del Monte’s math got scrambled — and what it says about the future of “boring” food brands.
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