Harry and David Operations Corp.
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Harry and David Operations Corp., formerly "Bear Creek Corporation", is an American company that was founded in 1910, when Seattle hotelier Samuel Rosenberg purchased 240 acres (1 km²) of pear orchards in Medford, Oregon.[1] His sons, Harry and David, took the company over upon his death in 1914.[1] The company is best known for beginning the business of mail order direct marketing of fruit, especially through its "Fruit-of-the-Month Club". Their "Harry and David" brand specializes in high-end gift baskets and holiday gift towers.
Harry and David added Jackson & Perkins, a mail-order rose marketer, to its brands in 1966. However, Jackson and Perkins was sold to an outside group of investors for $49 million in 2007.[2]
In 2008, Harry and David announced its acquisition of Wolferman's[3] and Cushman's.[4] Wolferman's signature English muffins, a market leading recipe dating to 1910, and Cushman's Honeybell, an exclusive rare naturally occurring tangerine-grapefruit hybrid, plus their respective ancillary specialty food lines generated approximately $47 million during fiscal 2007.
[edit] References
- ^ a b Jeff LaLande. Harry and David Operations Corp. in the Oregon Encyclopedia.
- ^ "Harry & David sells Jackson & Perkins". Portland Business Journal. April 2, 2007. http://www.bizjournals.com/portland/stories/2007/04/02/daily4.html.
- ^ "Reuters.com Press Release". January 15, 2008. http://www.reuters.com/article/pressRelease/idUS213313+15-Jan-2008+PRN20080115.
- ^ "Reuters.com Press Release". August 11, 2008. http://www.reuters.com/article/pressRelease/idUS225077+11-Aug-2008+PRN20080811.
[edit] External links
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