Categories
Uncategorized

Goya products lose momentum after CEO’s praise of Trump

After Goya products recorded a 400% increase in sales through March thanks to American consumers stocking up on beans during the spreading coronavirus pandemic, the brand has hit a wall after its CEO praised President Trump, according to NBC News.

While many Latinx and other consumers boycotted the brand after CEO Robert Unanue called Trump a “blessed” leader and said “we are truly blessed” to have Trump in the presidency, Trump and his daughter used their official positions to try to promote the brand.

In the aftermath, Goya received $47 million worth of negative publicity, Apex Marketing Group told NBC News versus just $10 million in positive publicity.  Other brands saw sales of competing products jump and found openings for new products to challenge Goya offerings.

“Of the 412 items that we sell, our Adobo seasoning was 75th in popularity and in the week since [the Goya boycott], it’s moved to 40th,” Bill Penzey, chief executive of Milwaukee’s Penzey’s Spices, told NBC News at the time of the boycott.  “I think they’re going to be in for some trouble.  A change of leadership and a public apology. I think that will be coming.”

At the start of the coronavirus pandemic’s sweep across the United States, consumers sought beans as an alternative source of protein as news reports spread about meat processing plants shutting down due to coronavirus outbreaks and as families sought food supplies that could be stored for extended periods of time.

A family-owned business, Goya had put out feelers seeking a buyer for their corporation prior to Unanue’s comments four weeks ago.  The family retained Goldman Sachs to field offers, expected to be around $3 billion.  It is unclear how Unanue’s praise of Trump have impacted the prospect of a sale or the sales price.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Trump headlines some bullshit “safety” event: Watch live

1 hour ago

“Linda in Arizona” came up with ICE at airports idea

1 hour ago

Charlie Kirk’s “mentor” dead of “freak” pickleball accident at 76

2 hours ago

WATCH LIVE: Orange Mental Patient yells at reporters

3 hours ago

Welsh drug dealer told to turn self in during normal business hours

3 hours ago

Viktor Orban orders probe into Russian collusion accusations

3 hours ago

Comer not so sure Iranian state TV being honest or trustworthy

4 hours ago

Fentanyl found in Missouri store’s Barbie dolls

4 hours ago

Newark Liberty Airport evacuated, FAA orders ground stop

5 hours ago

Top incel thought leader skeptical of Trump foreign policy moves

5 hours ago

Iranian TV: “US president backs down following Iran’s firm warning”

5 hours ago

LOOKS LIKE SOMEONE FREAKED OUT AT $99/BARREL OIL

6 hours ago

“Some Republicans took that as a threat, not a reward”

6 hours ago

Fox News reports Biden-Buttigieg chaos unending

7 hours ago

California MAGA sheriff/gov hopeful seizes county’s Prop 50 ballots

16 hours ago

Tom Homan less than enthusiastic over TSA job: Live updates

1 day ago

“Democrat Party” officially designated greatest enemy of America

1 day ago

British official says London outside of Iranian missile range

1 day ago

Someday far more will be saying the same about Trump

2 days ago

No one’s coming to SAVE you

2 days ago

Ohio State Trooper rescues injured owl from side of highway

2 days ago

Iranian missile fragments rain near Temple Mount

2 days ago

Not Movie Night Friday: The Great Secession

3 days ago

Orange Warlord “considers winding down” Iran clusterfuck

3 days ago

Jim Jordan subpoenas Virginia DA over anti-Stephen Miller lib

3 days ago

Trump keeps asking if his birthday can be made national holiday

3 days ago

Shrill harpy insists absence of evidence is itself the actual evidence

3 days ago

MAGA Land using that “should” word again

3 days ago

Melania’s former modeling agent asked Trump to have ICE deport his ex-girlfriend amid custody battle, got result he wanted

3 days ago

Regime prosecutors investigating Colombian president Petro: NYT

3 days ago

WATCH LIVE: Orange God Emperor hands out made-up trophies

3 days ago

Chuck Norris has died

3 days ago

What happened to “WE DON’T NEED THEIR HELP”?

3 days ago

BREAKING: Nobody actually wants to watch MAGAfied CBS News

3 days ago

MAGA Congressman claims “everyone understands” pricier gas

3 days ago

Dems 49 – GOP 41 in midterms: Emerson poll

3 days ago

“Senior Republican figures hope a national feel-good factor and a surge in patriotic pride will help their party in the midterm elections”

3 days ago

Fat idiot considering invasion of key Iranian island in Hormuz Strait

3 days ago

Let’s see what the richest man in the world is up to

3 days ago

Gold Star dad says Hegseth full of shit about conversation

3 days ago

Orange God Emperor backs off from “mass deportations”

3 days ago

US Mint panel picked by Trump approves you already guessed

4 days ago

Sixteen non-child abusers and counting

4 days ago

Senate GOP doesn’t know what the hell they’re doing: Watch live

4 days ago

Former pro-Putin blogger sent to psych ward for PDS treatment

4 days ago

Lewandowski shook down DHS contractors for bribes

4 days ago

WATCH LIVE: Orange Shogun grants audience to Tokyo emissary

4 days ago

Iran favorability higher with Trump voters than Harris voters: poll

4 days ago

Orange Warlord continues fretting North Carolina senate race

4 days ago

K$H and Tulsi take more heat from Congress: Live video

4 days ago

x
x
x
x
x
x