A Nearly 100-Year-Old Chicago Candy Company Files For Bankruptcy After Staggering Debt - Tasting Table
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A Nearly 100-Year-Old Chicago Candy Company Files For Bankruptcy After Staggering Debt - Tasting Table
"For nearly a century, Primrose Candy Company has produced a wide variety of sweets in Chicago, Illinois. Unfortunately, the company is currently facing financial uncertainty after the loss of two of its major contracts, as well as recently establishing a settlement fund in response to a biometric privacy lawsuit. These contracts amounted to approximately $1 million in annual revenue, and the settlement fund sapped an additional $125,000."
"While you may not have heard of Primrose Candy before, odds are high that you have sampled the candies coming out of its 130,000 square foot factory. Those little butterscotch buttons that come wrapped in translucent yellow plastic? Primrose makes them. It's the same for the strawberry hard candies with the liquid center and the wrapping that looks like a strawberry studded with shiny gold seeds, or those intriguing cut rock candies with the tiny pictures in the center."
Primrose Candy Company operates a 130,000-square-foot non-chocolate candy factory in Chicago and has produced a wide variety of classic hard candies for nearly a century. Recent years brought product-line expansion into caramels, popcorn, salt water taffy, and other chewy sweets, but rising production costs outpaced revenues. The loss of two major contracts eliminated roughly $1 million in annual revenue, and a biometric privacy settlement fund required $125,000. Primrose filed for Chapter 11 bankruptcy on January 27, 2026 to restructure about $12 million in debt while seeking to preserve its Midwest production foothold.
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