 The Newell Company bought Yankee Candle in 2015 in a $13.2 billion deal that also included brands like Papermate, Sharpie, Elmer's, and Rubbermaid. In the first quarter of 2024, Newell reported declines in the kitchen and home fragrance businesses. Yankee Candle was founded in 1969 by candle maker Michael Kittredge, and the Yankee Candle Village store in South Deerfield is a popular tourist attraction.