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Big Brands > Hershey

Hershey expands social program globally, gaining snacking and flavor insights

Hershey's social program to provide children globally with basic nutrition will expand to China and Canada through new partnerships.

NACS 2016

Hershey: C-store has ‘large’ growth potential for seasonal confections

Seasonal confectionery c-store distribution is underdeveloped compared to other channels, despite the fact that the household purchase of seasonal confectionery is increasing, 

US election fallout

How candy lobbying dollars were spent in election year

Discover which political candidates major confectionery firms such as Mars and Hershey backed with donations in 2016.

Reese’s innovation gives Hershey Q3 sales uplift

Hershey has posted a 2% rise in third quarter sales, driven by innovations in North America, such as Reese’s Pieces Cups, Big Kat and birthday-themed Kisses.

Mondelēz rated positive by SIG despite revenue dip in Q3

Oreo maker, Mondelēz, reported a 6.6% decrease in net revenues during its Q3 period, driven by “currency headwinds and deconsolidation of the company’s Venezuelan operations.”

Euromonitor Quarterly Statement Q3 2016

‘Post-Brexit consumers may move to lower-priced confectionery, reversing premium chocolate trend’

Brexit is unlikely to have a dramatic effect on confectionery sales, with the quarterly update showing a 2% reduction in volume sales by 2020, according to Euromonitor.

Hershey CEO J.P. Bilbrey to leave post

The Hershey Company has announced John P. Bilbrey will retire from his role as CEO and president, but he will continue as non-executive chairman of the Board.

'Americana mania': Hershey enters UK biscuits market with Reese's Rounds

Hershey has introduced its first biscuit brand in the UK, produced under license by Lightbody Ventures, as Brits covet American brands.

Pumpkin gum and Butterfinger skulls: Halloween candy sales set to hit record high in 2016

Halloween candy sales in the US may reach record levels despite an expected drop in trick-or-treating as more Americans shop for candy online and celebrate over the weekend.

'War on sugar’ fosters change for global candy industry: Euromonitor

The “war on sugar” has dented demand of sweet snacks as 47% of global consumers look for foods with limited or no added sugar, according to a recent survey by Euromonitor....

NPD

Hershey taps multi-textural demand with Cookie Layer Crunch launch

Hershey will launch a range of bars and share bags under a new line named ‘Hershey’s Cookie Layer Crunch’ across the US from December.

NPD

Birthday Cake Kisses and Reese's wands: Hershey expands seasonal offer

Hershey has introduced birthday-themed items for brands such as Reese's and Kisses at Walmart’s celebrations aisle and at select retailers throughout the US.

Hershey partners with Chef’d to tap $2bn meal kit industry

Online meal kit company Chef’d has struck a deal to produce Hershey branded desserts as the US chocolate leader expands into flourishing US meal kit market.

Mondelēz plans sole US chocolate invasion with Milka Oreo and Green & Black's

Mondelēz plans to take its Milka Oreo brand to US chocolate market after its failed bid for Hershey and will expand its premium chocolate offerings with Green & Black’s....

INFOGRAPHIC

Top 10 chocolate brands: US candy market dollar sales rise

Mars M&M’s, Hershey’s Reese’s and Nestlé’s Butterfinger are among the top US chocolate brands for the year to date, but which are gaining and which are losing share?...

Mondelēz may move for Ferrero after Hershey saga: Mintel

Mondelēz International may need to aim for a “lesser but still important” confectioner, such as Ferrero, to compete in the US confectionery space after ending its pursuit of Hershey, says Mintel....

Mondelēz may merge with Kraft Heinz after ending Hershey pursuit: Analyst

Mondelēz has ended its pursuit of Hershey nearly two months after the US chocolate giant rejected a $23bn takeover. Analysts speculate the Oreo owner may now merge with Kraft Heinz...

Global health & wellness investment activity ahead of 2015

The food and nutrition space is vibrant and in rude health according to latest merger, acquisition and investment figures globally.

A multimillion lost opportunity: Confectioners and snack makers must keep items stocked, says Quri

US confectionery firms lost out on $4.1m in Summer sales and salty snack makers $24.2m due to low shelf availability, says retail analytics firm Quri.

Mondelēz may make second Hershey bid as five Trust members to leave

Mondelēz may make another bid to acquire Hershey as five board members are set to step down under an agreement with the Pennsylvania Office of Attorney General (AG), says the author...

Financial Results

Hershey reports Q2 growth, continuing to target ‘snackfection’ trend

Hershey has posted 3.7% net sales growth in its second quarter results as it gears up to launch a 'snackfection' item later this year.

Market Insights

Restacking BRICs: Chocolate makers to rethink future growth markets, says Euromonitor

Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.

No PayDay: Hershey rejects Mondelēz $23bn takeover approach

Hershey has rejected a takeover approach from Mondelēz International that would have created ‘the world’s largest candy company.’

Lindt launches 'shop-in-shop' concept in Hong Kong

Passengers at the Hong Kong International Airport (HKIA) are now able to pick and mix their favorite Lindor chocolate for the first time, thanks to the recent partnership between Lindt...

News in brief

Hershey to close Brookside Abbotsford factory with loss of 180 jobs

Around 180 jobs are to be cut due to the shutdown of the Hershey-owned Brookside Foods’ Abbotsford factory in Canada by the end of October.

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