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See's Candies

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See's Candies Shops, Inc.
Company typeSubsidiary
IndustryRetail and candy
Founded1921; 103 years ago (1921)
FounderCharles See
Headquarters
El Camino Real,
South San Francisco, California
,
United States
Key people
Brad Kinstler (CEO)
ProductsChocolate, candy, brittle
RevenueUS$ $410 million (2016)[1][2]
US$ over $90 million (2014)[3]
Number of employees
1,500 year-round, 6,000+ seasonal
ParentBerkshire Hathaway
Websitewww.sees.com

See's Candies is an American manufacturer and distributor of candy, particularly chocolates. It was founded by Charles See, his wife Florence, and his mother Mary in Los Angeles, California, in 1921. The company is now headquartered in South San Francisco, California.[4] See's kitchens are at its headquarters and at a second location in Los Angeles,[5] where there are also retail shops. It also has an office in Carson, California.[6] The company has been owned by Warren Buffett's Berkshire Hathaway Corporation since January 1972.

Location and Market Area

The See's Candy company primarily vends its products in its own stores, and those of fellow Berkshire Hathaway subsidiary Nebraska Furniture Mart. See's candies are also available at its stores in a number of airports in the United States. See's Candies operates over 200 stores in the following U.S. states: Arizona, Arkansas, California, Colorado, Hawaii, Idaho, Illinois, Indiana, Massachusetts, Minnesota, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, and Wisconsin.[7] There are also stores outside the U.S. in Hong Kong, Taiwan, Singapore, and South Korea, taking advantage of the proximity of the plant to San Francisco International Airport.[8] Seasonally — primarily during the year-end holiday shopping season — See's also offers its product in select markets in kiosks at malls and other shopping centers. See's also has an online store.[9]

See's markets its product outside these areas via mail order catalog, in order to control the age of its product. The candies are also available through online orders, and links to the candy company's site can be found on Walmart.com and similar internet stores. Through an arrangement with Costco, coupons for boxes of candies may be purchased at the warehouse outlets and redeemed at See's stores or by mail. Coupons are also sold in fundraising efforts[10]

History

A See's Candies store in Sunnyvale, California

According to the corporate website, Charles Alexander See II (1882–1949) arrived in the United States from Canada in 1921[11] with his wife Florence MacLean Wilson See (1885–1956), and his widowed mother Mary Wiseman See (1854–1939). Mary See had developed the recipes that became the foundation of the See's candy business while helping run her husband's hotel on Tremont Island in Ontario.[12] The family opened the first See's Candies shop and kitchen at 135 North Western Avenue in Los Angeles in November 1921. They leased the shop from the French Canadian pioneer of Los Angeles, Amable Lamer.[13] They had twelve shops by the mid-1920s and operated thirty shops during the Great Depression. See's first white and black "all porcelain" store was opened in Bakersfield, California on May 1, 1941.[14]

In 1936 See's opened a shop in San Francisco. It moved operations to make creams and truffles (60% of product sales)[15] to South City in order to take advantage of the location's cool weather.

In 1972, the See family sold the company, which generated $4 million in pre-tax profit that year, to Berkshire Hathaway for $25 million.[16] On January 3, 1972, Blue Chip obtained a controlling interest in See's Candy Shops. Blue Chip later acquired 100% of See's for an overall price of $25 million. Wesco Financial Corporation was an 80.1% owned subsidiary of Blue Chip Stamps until its complete merger into Berkshire Hathaway in 2011.[17][better source needed] Warren Buffett has called See's "the prototype of a dream business." (2007)[18] At a 1996 luncheon in San Francisco, Charlie Munger revealed that See's was the first high quality business that Berkshire ever bought. Previous to that point, Berkshire had focused on undervalued assets that could be bought cheaply. The See's acquisition influenced their commitment to buying businesses with a strong reputation and brand recognition.[19]

The 'couverture' chocolate used by See's is provided by the nearby Guittard Chocolate Company,[20] and nuts come from Mariani Nut Company of Winters, California,[21] just about an hour and 20 minutes away. On June 20, 2012, See's Candies made it into the Guinness Book of World Records for the world's largest lollipop, weighing 7,003 pounds (3,177 kg) and a length of 4 feet (1.2 m) and 8.75 inches (22.2 cm). The previous largest lollipop record stood at a hefty 6,514 pounds (2,955 kg). This giant chocolate lollipop represented 145,000 regular-size lollipops.[22]

See Family

See's Candies shop in Hong Kong

Charles Alexander See II was born in Gananoque, Ontario, Canada and came to California in 1921. He came with his wife, Florence, with whom he had three children: Laurance Alexander See (1912–1969),[23] Margaret M. See (1913–1961) and Charles B. "Harry" See (1921–1999), who was born after they arrived in the U.S.[24] They lived in Pasadena, California and Charles A. See II worked as a druggist.[25] Matriarch Mary See had been born on Howe Island, Ontario, Canada, and eventually moved back to the town of Gananoque, Ontario, where she and her husband had lived. She died there in 1939 and is buried with her husband at Willowbank Cemetery.[12]

Laurance A. See's 1962 divorce from his wife Elizabeth led to a landmark community property ruling by the California Supreme Court.[26]

In 1952, Lucille Ball and Vivian Vance spent a half day at the See's Candies store on La Cienega Boulevard in Los Angeles, learning to dip chocolates and work the production line, in preparation for the "Job Switching" episode of I Love Lucy. The episode, which featured Lucy and Ethel getting jobs in a chocolate factory, became one of the most popular in the show's history.[27]

Singer Cher was working at See's in 1962, when she met Sonny Bono; she quit her job to become his housekeeper.[28]

In a 1987 Kidsongs video, "What I Want to Be", The Kidsongs Kids visit the See's Candies factory during "The Candy Man" song sequence.

In 1994, a driver delivering a bulk order of chocolate fell asleep while his truck was hooked up to one of the vats and pumping; the adjacent El Camino Real and Spruce Avenue were flooded with chocolate. Workers had to shovel it away from the storm drains once the fog had cooled it.[21]

Every year the South San Francisco facility mounts oversized holiday decorations atop its plant for Christmas, Thanksgiving, Valentine's Day, Mothers' Day, and Independence Day.[29]

See also

References

  1. ^ "2016 Global Top 100 Candy Companies - 50-26 - Candy Industry". www.candyindustry.com. Retrieved 28 June 2018.
  2. ^ Morris, Patrick. "Warren Buffett Bought This Company for $25 Million. Now It Makes Nearly $100 Million Every Year". Retrieved 28 June 2018.
  3. ^ "See's Candies Hints It's Ready to Head East - Mazor'sEdge". mazorsedge.com. Retrieved 28 June 2018.
  4. ^ "About Us." See's Candies. Retrieved on January 18, 2009.
  5. ^ "A Peek Inside the See's Candy Factory - Food Gal". www.foodgal.com. Retrieved 28 June 2018.
  6. ^ "Contact Us." See's Candies. Retrieved on January 18, 2009.
  7. ^ See's U.S. Shop locations Archived 2009-08-13 at the Wayback Machine See's Candies. Retrieved on August 11, 2009.
  8. ^ See's International Shop locations See's Candies. Retrieved on July 25, 2018.
  9. ^ "About Us - See's Candies". www.sees.com. Retrieved 28 June 2018.
  10. ^ "10 See's Candies Coupons & Promo Codes 2018 + 7% Cash Back". givingassistant.org. Retrieved 28 June 2018.
  11. ^ See's Candies website Archived 2007-08-10 at the Wayback Machine
  12. ^ a b Mary Wiseman See, Find A Grave.
  13. ^ Re: Lamer Stuff. ancestry.com
  14. ^ Bakersfield Californian, April 10, 1941, Page 12, "first all-porcelain store"
  15. ^ "Behance". www.behance.net. Retrieved 28 June 2018.
  16. ^ Calvey, Mark (2015-03-02). "Warren Buffett basks in sweet success of See's Candies, Bank of America deals". www.bizjournals.com. Retrieved 2017-02-21.
  17. ^ "Blue Chip Stamps - Wikipedia". en.m.wikipedia.org. Retrieved 28 June 2018.
  18. ^ Peter Bevelin (2012). A Few Lessons for Investors and Managers from Warren E. Buffett. PCA Publishing and Intermountain Books.
  19. ^ Calvey, Mark. "Chuck Huggins, former See's Candies CEO, dies at 87". San Francisco Business Journal. Retrieved 30 May 2013.
  20. ^ Palmer, Tamara. "Inside a Happy Habit: A Factory Tour of See's Candies". Retrieved 28 June 2018.
  21. ^ a b "The secrets of See's Candies". Retrieved 28 June 2018.
  22. ^ "See's Candies creates world's largest lollipop". Guinness World Records. 23 July 2012. Retrieved 21 January 2013.
  23. ^ Laurance Alexander See, Find A Grave.
  24. ^ United States Census, 1930; Los Angeles, California
  25. ^ United States Census, 1920; Pasadena, California
  26. ^ See v. See, 64 Cal. 2d 778 (1966).
  27. ^ Pick, Margaret Moos (2005). See's Famous Old Time Candies: A Sweet Story. San Francisco: Chronicle Books. p. 91. ISBN 9780811848671. OCLC 57392982.
  28. ^ "See's Candies Case Study". 26 January 2015. Retrieved 28 June 2018.
  29. ^ http://www.everythingsouthcity.com/wp-content/uploads/2013/11/Santa-getting-put-up-on-Sees-2013.jpg
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