If Butterfinger, BabyRuth, 100Grand, SkinnyCow, Raisinets, Chunky, OhHenry!, SnoCaps, SweeTarts, LaffyTaffy, Nerds, FunDip, PixyStix, Gobstopper, BottleCaps, Spree, and Runts are your go-to movie snacks, the news that Nestlé is considering selling its U.S. confectionery business might send you into panic mode. Before you stop reading this and head to the store to stock up, "these products won't necessarily be gone forever if the sale happens. However, the candy bars could be sold under a new label and possibly have a new recipe or formula, depending on who buys the rights," She Knows reported. (Bustle has reached out to Nestlé, and will update upon response.)
Nestlé announced the news in a press release, and said the company will "explore strategic options for its U.S. confectionery business, including a potential sale. The review covers the U.S. market only and is expected to be completed by the end of this year."
An article in The Wall Street Journal cited Americans' interest in healthy snack choices as the reason the candy is faltering, so you can definitely congratulate yourself on make good snacking decisions while you're marathoning your favorite show.
We're exploring strategic options for our U.S. confectionery business, including a potential sale. Learn more here: https://t.co/8kQk9hqek1— Nestlé Consumer Care (@NestleCare) June 19, 2017
And, it's OK to be a little sad about the potential loss of your favorite candies. Many are waxing nostalgic about their beloved sweets on Twitter in wake of the news of the potential sale.
So i just seen on news that the Nestle company is up for sale. Not big on chocolate, I'll be very upset if you take away my damn sweet-tarts— Jay Rider (@1jayrider) June 17, 2017
While it's too soon to tell what might happen to your must-have childhood candy, it seems that change, in one way or another, is on the horizon. Nestlé said in the press release it will continue to grow in the U.S., just not with confections.
"Nestlé will continue to invest and grow in the U.S., where it has leadership positions across a large number of categories such as pet care, bottled water, frozen meals, infant food, and ice cream," the company noted in its press release. "Nestlé will continue to innovate across these categories to meet rapidly-changing consumer demand."
Oh, the times, they are a changin'.