Food delivery business Yelloh to lay off 750 employees nationwide, close 90 delivery centers

  • 📰 AP
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The food delivery business Yelloh is cutting 750 jobs nationwide and closing 90 delivery centers. The Minneapolis Star Tribune reports that closures for the Bloomington, Minnesota-based company will begin Dec. 8. The company will continue to serve 18 states with its iconic yellow trucks. Customers elsewhere will get deliveries via UPS.

BLOOMINGTON, Minn. — The food delivery business Yelloh — formerly known as Schwan’s Home Delivery — is cutting 750 jobs nationwide and closing 90 delivery centers.

The closures for the Bloomington, Minnesota-based company will begin Dec. 8. The company will continue to serve 18 states with its iconic yellow trucks. Customers elsewhere will get deliveries via UPS, the“Facing economic headwinds, rising business costs and the post-pandemic world, our teams across the country have worked valiantly to transform our company into a modern category leader,” the company said in a news release.

Yelloh trucks will continue to deliver in Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Pennsylvania, South Dakota, Texas, Vermont, West Virginia and Wisconsin. Schwan’s began home delivery in 1952. In 2018, the Schwan family sold a 70% share of its business to the Korean firm CJ CheilJedang for $1.8 billion. But the family kept the Schwan’s Home Delivery business and rebranded it last year as Yelloh.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines