Hostess Takes to the Skies With Drone Delivery Marketing Campaign
J.M. Smucker’s Expansion Plan
Founded in 1925, Hostess has navigated a bumpy road, filing for bankruptcy twice in 2004 and 2012. During the latter period, the company sold off several business segments: Wonder was acquired by Flowers Foods, while Little Debbie snack manufacturer McKee Foods took control of Drake's Cake, which includes products like Devil Dogs and Yodels in its portfolio.
The Hostess brand recently came under the J.M. Smucker umbrella following a $5.6 billion acquisition that is likely intended to bolster Smucker's standing in the rapidly expanding snacks market.
As J.M. continues it expansion, it has been investing in an analytical R&D approach that is keeping the consumer at the center of the company by leveraging diverse intelligence from third-party sources, coordinated consumer visits, focus groups, and surveys.