Current:Home > FinancePoinbank Exchange|Campbell wants to say goodbye to the ‘soup’ in its name. It isn’t the first to make such a change -CoinMarket
Poinbank Exchange|Campbell wants to say goodbye to the ‘soup’ in its name. It isn’t the first to make such a change
SafeX Pro View
Date:2025-04-10 05:23:32
NEW YORK (AP) — Campbell is Poinbank Exchangeready to drop the soup — at least from its official name.
Campbell Soup Co. announced its intention to change its name at an annual meeting of investors on Tuesday. The 155-year-old food seller, which is most famous for its namesake canned soups, says it would now like to be known as Campbell’s Co.
CEO Mark Clouse said in a statement that this “subtle yet important change” will retain the company’s iconic name “while better reflecting the full breadth” of its portfolio today.
Campbell hasn’t been exclusive to the soup business for some time. The company also owns brands like Prego sauce and Goldfish crackers — and completed a $2.7 billion acquisition of Sovos Brands, the maker of Rao’s pasta sauces, just earlier this year.
Campbell’s roots date back to 1869, as a modest operation out of New Jersey that later grew. The current Campbell Soup name was adopted in 1922, according to the company’s website.
The new name isn’t final yet, as it’s still subject to a shareholder approval vote in November. But the New Jersey company is far from the first to attempt such as makeover. A handful of other food companies have also rebranded themselves over the years — often shedding the mention of specific item they were known for with shorter corporate title, or even an updated logo, in hopes of emphasizing other business.
Manoj Thomas, a marketing professor at Cornell University’s SC Johnson College of Business, says that it’s important to consider whether a new name will disrupt product recognition or stray from a brand’s identity. But he doesn’t see these risks with Campbell — noting that the move is “unlikely to affect consumer perception” and may instead signal a “drive for expansion and growth.”
Here are some past examples.
Dunkin’
Back in 2018, Dunkin’ Donuts decided to shorten its name to just “Dunkin’” — which officially took effect in January 2019.
The Massachusetts-based chain had toyed with the idea for some time. And, while doughnuts are still very much on the menu, it eventually decided to rename itself to reflect its increasing emphasis on coffee and other drinks.
Krispy Kreme
Krispy Kreme also dropped “doughnuts” from its corporate name several years later — ahead of the Charlotte, North Carolina-based company’s second time going public in 2021.
According to a securities filing, Krispy Kreme Doughnuts changed its name to Krispy Kreme Inc. in May 2021. But the word “doughnuts” still prominently accompanies the Krispy Kreme name on the chain’s logo and boxes of treats.
Domino’s
Domino’s Pizza took the word “pizza” out of its logo and off storefronts back in 2012, with leadership of the Ann Arbor, Michigan-based chain at the time citing menu expansions and other in-store updates. But its parent company is still named “Domino’s Pizza Inc.,” which is what the brand trades as on the New York Stock Exchange.
Starbucks
Starbucks has also seen logo changes over the years — which included the shortening, and then dropping, of the Seattle coffee giant’s name over the years.
Back in 1971, Starbucks’ original logo depicted a siren surrounded by its then-name “Starbucks Coffee, Tea, and Spices,” the company notes on its website. In 1987, that siren got a makeover and the name encircling her was shortened to “Starbucks Coffee” — and by 2011, Starbucks introduced its latest logo, which doesn’t feature the company’s name at all.
While absent from the logo, Starbucks still operates as “Starbucks Coffee Co.,” or similar names that include the word “coffee” in many countries around the world, as subsidiaries of the larger Starbucks Corp.
KFC
KFC hasn’t been using the longer “Kentucky Fried Chicken” name for decades. The Yum brands-owned fast food chain shortened its name back in 1991, according to Snopes.
Still, messing with iconic brands can also have consequences — and potentially cause false rumors speculating reasons for the change. Long after shortening its name, Louisville-based KFC, for example, had to issue a press release a few years ago to combat an online rumor that it was forced to change its name because it doesn’t serve real chicken.
veryGood! (66)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Cisco Rolls Out First ‘Connected Grid’ Solution in Major Smart Grid Push
- What is a sonic boom, and how does it happen?
- Stressed out about climate change? 4 ways to tackle both the feelings and the issues
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- The Most Accurate Climate Models Predict Greater Warming, Study Shows
- Robert Hanssen, former FBI agent convicted of spying for Russia, dead at 79
- So you haven't caught COVID yet. Does that mean you're a superdodger?
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- So you haven't caught COVID yet. Does that mean you're a superdodger?
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Avoiding the tap water in Jackson, Miss., has been a way of life for decades
- Joran van der Sloot, prime suspect in Natalee Holloway case, to be transferred to U.S. custody from Peru this week
- Portland Passes Resolution Opposing New Oil Transport Hub
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Pete Davidson Mourns Death of Beloved Dog Henry
- FDA expected to authorize new omicron-specific COVID boosters this week
- Today’s Climate: June 3, 2010
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Amputation in a 31,000-year-old skeleton may be a sign of prehistoric medical advances
Driver charged after car jumps curb in NYC, killing pedestrian and injuring 4 others
Boy, 3, dead after accidentally shooting himself in Tennessee
Senate begins final push to expand Social Security benefits for millions of people
Utah district bans Bible in elementary and middle schools after complaint calls it sex-ridden
Congress Opens Arctic Wildlife Refuge to Drilling, But Do Companies Want In?
Today’s Climate: June 1, 2010