Schwan's/Yelloh will no longer travel America's roads. |
The end game.
Y'all voted for this.
President Joe Biden and President-elect Donald J. Trump will drive America into the ground thanks to their stubborn ways. They are the reminder of white privilege and the status quo of 20th Century politics in the 21st Century.
Trump will inherit a stable economy. However, this second round will assure he will carry on the disastrous policies he brought in his first term.
Marshall, Minnesota company Yelloh formerly known as Schwan's Food Services will shutter at the end of the week. It will be absorbed with Omaha Steaks and a potential company will likely take over.
After 72 years in business, the company cited numerous economic challenges and evolving consumer behaviors as key reasons for the closure.
The company will take the next two months to wind down operations. The last day to purchase products will be Friday, Nov. 8.
Schwan's Company became a leader in the home delivery of frozen foods. The company's news release notes Schwan's became the country's largest frozen food delivery company with the largest fleet of freezer trucks.
In 2018, the business was split, with the Schwan's Company being sold to a South Korean company for $1.8 billion. The delivery side of the business, Schwan's Home Delivery, was not part of the sale. In 2022, Schwan's Home Delivery announced it would rebrand, going from Schwan's to Yelloh.
In a statement, the company CEO Bernardo Santana wrote:
"It’s with heavy hearts that we made the difficult decision to cease operations of Yelloh. We are thankful to our many loyal customers and hard-working employees for everything they have done to support us. I am deeply grateful for our employees’ tireless and bold efforts, and our customers’ dedication. It has been our utmost pleasure and honor to serve our customers their favorite meals and frozen treats."
On the financial troubles the company faced, Board Member Michael Ziebell added:
"The current Yelloh team has worked hard against external headwinds such as the nationwide staffing challenges and crushing food supply chain disruption caused by the pandemic. These challenges, combined with changing consumer lifestyles and competitive pressures that have been building for over 20 years, made success very difficult. Digital shopping has replaced the personal, at-the-door customer interaction that was the hallmark of the company."
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