Iconic breakfast brand facing bankruptcy after nearly 80 years in business

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Forget the egg crisis, key breakfast drink maker nears bankruptcy

Popular breakfast drink maker faces distress and a possible bankruptcy filing.

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Iconic breakfast brand facing bankruptcy after nearly 80 years in business

One a staple of the breakfast table, this brand could be on its last legs.

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Iconic Orange Juice Brand Teetering on the Edge of Bankruptcy as Consumer Tastes Change

Tropicana, once a household name in orange juice, is in deep financial trouble. A combination of supply shortages, changing consumer habits, and rising costs has pushed the company to the brink, raising concerns about its future. Key Facts: Tropicana’s revenue dropped 4% last quarter, with profits declining 10%. Private equity firm PAI Partners, which owns a controlling stake, issued a $30 million emergency loan, signaling distress. PepsiCo, st…

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By Nathaniel Meyersohn, CNN Florida has been hit by stronger hurricanes than ever before. A prolific insect-borne disease continues to ravage orange groves. And on top of all that, consumers are watching their sugar intake. It all adds up to a disaster for Tropicana orange juice. Tropicana, founded in 1947 by an immigrant from Sicily who developed a process for freezing concentrated orange juice, is in financial trouble and could be headed for b…

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Tropicana Could Potentially File for Chapter 11 Bankruptcy Protection – RetailWit

Tropicana blames the orange shortage and financial crisis for the potential filing.