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Big Brands > Hershey

Exclusive interview

Transparency and portion-control: Execs at top candy firms set 2017 expectations

Mars Wrigley, Ferrara, Just Born, and other top candy firms offer their business outlooks for 2017 and share details of innovation in the pipeline.

Sterling fluctuation caused by Brexit is partly to blame

US unit of Hershey, Mars and Nestlé’s cocoa supplier, Transmar, files for bankruptcy

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...

Exclusive interview

Consumer’s confusion over sustainability labels spurs outcry among cocoa industry leaders

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...

Exclusive interview – Hershey master chocolatier talks simple ingredients

Removing GMOs easy; ditching chemical-sounding ingredients the challenge, says Hershey R&D chief

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 to close own-store in Chicago to focus on larger experiential stores

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.

Ferrara Candy owner tightlipped on ex-Hershey CEO sale rumor

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 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.

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