US chocolate maker Hershey has launched Sourcemap for consumers to explore the origins of its agricultural ingredients, such as cocoa beans, sunflower oil and vanilla.
Sugar and calorie reduction has taken its toll on the chocolate category, but focusing on quality ingredients can foster growth, suggests a Euromonitor analyst.
The 12 major players in cocoa and chocolate have united with public sector partners to eradicate deforestation in the cocoa supply chain.
Trade body China Candy has collected February confectionery data from thousands of retailers in Beijing.
AAK has opened an innovation center in Edison, New Jersey, during which it highlighted some of the most up-to-date product making technologies to partners, including Hershey, Mondelēz and Barry Callebaut....
Hershey will explore acquisitions, focus on Amazon in e-commerce and launch snack SKUs of its core brands, says its new CEO.
Hershey plans to reduce its global workforce by 15%, mainly outside of the US, under a new supply chain efficiency program.
Hershey’s incoming president and CEO Michelle Buck has named her executive team.
Hershey and Mars have lost market share in China's declining confectionery category to Nestlé and Ferrero, according to Euromonitor Shanghai.
Hershey has launched a string of Valentine’s Day products this year under its core brands across the US, including KitKat, Reese’s, and Cadbury, as IRI estimates the season generated nearly...
Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call....
The Hershey Lab has envisioned a “reinvented” shopping experience with a fictitious grocery chain, called Medley, as the line between digital and physical shopping is blurring.
Mars Wrigley, Ferrara, Just Born, and other top candy firms offer their business outlooks for 2017 and share details of innovation in the pipeline.
The US unit of cocoa trading and supplying company Transmar Group has filed for bankruptcy protection in the US Bankruptcy Court for the Southern District of New York after the...
Cocoa industry insider, Marc Donaldson, voiced that approximately $2bn investment in cocoa sustainability over the past 10 years has achieved “so little.” He suggested consumers should take the sustainability issue...
Cutting GMOs in confectionery is relatively simple, but finding replacements for ingredients that aren’t well understood by consumers is the real challenge, says Hershey’s chief chocolatier.
Hershey will close its Hershey’s Chocolate World in Chicago's Michigan Avenue by January 2017 as it plans to focus on larger experiential retail stores.
Ferrera Candy's private equity owner has refused to comment on speculation that ex-Hershey CEO David West is trying to buy the company through an investment firm.
Hershey's social program to provide children globally with basic nutrition will expand to China and Canada through new partnerships.
Seasonal confectionery c-store distribution is underdeveloped compared to other channels, despite the fact that the household purchase of seasonal confectionery is increasing,
Discover which political candidates major confectionery firms such as Mars and Hershey backed with donations in 2016.
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.
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.”
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.
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.