Del Monte Foods, the 139-year-old brand synonymous with canned fruits and vegetables in American pantries, has filed for Chapter 11 bankruptcy protection, marking a dramatic decline for one of the most recognisable names in U.S. grocery history. The California-based company announced on Wednesday that it has secured $912.5 million in debtor-in-possession financing, enabling it to … Continue reading Del Monte Files for Bankruptcy After 139 Years: What Went Wrong for the Canned Food Icon