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CHICAGO - Archibald Candy Co. said this week it is selling its venerable Fannie May and Fanny Farmer candy brands and shutting down its factory here, putting 625 people out of work. The new unidentified owner will supply the candy to keep the Fannie May and Fanny Farmer brands alive.
Fannie May and Fanny Farmer are sold through more than 200 branded retail stores, as well as in the gift sections of supermarkets, through catalogs, Web sites, and fund-raising programs.
Founded in 1920, the company ran up heavy debt from an aggressive expansion in the 1990s that included the acquisition of Fanny Farmer, Sweet Factory, and Laura Secord.