Russell Stover was founded in 1921, but not as a candy store. Russell Stover and partner Christian Nelson actually created the first chocolate covered ice cream, known as Eskimo Pies. While extremely successful, other companies began making their own versions of Eskimo Pie. Stover sold his share in the company and moved to Colorado. Russell and his wife Clara used this money to start a new business, selling boxed chocolates.
Today, Russell Stover’s Candies is owned by Swiss chocolate maker Lindt & Sprugli. The company is one of America’s leading brand of chocolates, only behind Mars and Hershey’s. The company has three brands; Whitman’s, Russell Stovers, and Pangburn’s. Russell Stover brand candies are the largest sold, with more than 70,000 wholesale locations in more than 20 countries.
Approximately 60 percent of all boxed chocolates sold in the US come from the Russell Stover brand. The company also sells online and offers sugar free candy, as well as gift sets.