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Big Brands > Hershey

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Sugar scare fails to sweeten US sugar-free candy sales

Sugar-free chocolate and candy sales in the US have declined in the first half of 2017 despite consumers aiming to limit sugar in their diets.

No radical changes expected at Hershey as Trust cuts stake: SIG

Hershey's majority shareholder The Hershey Trust has cut its majority stake by 6% from $8bn to $7.5bn, but its voting interest is largely unchanged and analysts don't expect further divestment. 

Hershey says future 'very bright' for experiential retail upon NYC store opening

Hershey will open its Chocolate World experience store in New York City’s Time Square later this year.

Cadbury, Ferrero, Nestlé, Hershey among favorite chocolate brands in Asia Pacific

A survey conducted by YouGov Australia shows that Cadbury is Asia Pacific’s (APAC) favorite chocolate brand, chosen by 25% of the respondents in the region.

Q2 2017 results

Hershey hints at seasonal opportunity in e-commerce upon posting Q2 growth

Hershey’s Q2 2017 net sales reached $1.66bn, increasing 1.5% compared to the same period last year.

Hershey moves forward with nutrition facts panel despite FDA’s delay

Hershey has decided to update its nutrition facts panel across its portfolio this fall, starting with some of the power brands including Hershey’s Kisses Milk Chocolate. 

Hershey to swap laydown bags for standup pouches

Hershey plans to convert all individually wrapped chocolate from laydown bags to standup pouches in the near future as the company targets center store sales.

Sustainable packaging: Hershey moves to display-ready cases

Hershey has redesigned display-ready cases for all its packaged chocolate candy brands, including Kisses Milk Chocolate.

Not only America: Nestlé urged to consider $17bn sale of global confectionery arm

Nestlé could go further than offloading its struggling US confectionery business and could find a willing buyer for its entire global confectionery division, says an analyst.

Nestlé comes out top in report assessing chocolate companies for their progress tackling child labor

Nestlé Cocoa Plan has come out top in a report by Stop the Traffik and Baptist World Aid Australia assessing the progress made by chocolate companies and certification organizations in tackling...

Global confectionery sector to grow CAGR 4.6% from 2016–2021

Manufacturers to develop confectionery with vegetables for a healthier halo

An improving global economy, stronger than expected economy in developed countries and rising disposable incomes in developing countries are the main reasons why demand is growing for confectionery products, according...

Smaller size trend accelerates volume growth for flexible packaging

Portion control through smaller pack sizes is increasingly apparent across confectionery and snacks, according to Euromonitor International.

The Buzz: Sweets & Snacks Expo 2017 tweet by tweet

ConfectioneryNews presents the latest innovations and business news in US confections from America’s largest candy & snacks show.

Sweets & Snacks Expo 2017

SmashMallow launches rice crispy treats after experiencing 'explosive' growth

CEO and founder, Jon Sebastiani, has set out a growth strategy for his marshmallow brand as its business has tripled month over month since launching seven months ago.

Sweets & Snacks Expo 2017

Mars, Ferrero and Jelly Belly among Sweets & Snacks Expo 2017 Most Innovative Award winners

The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks...

Hershey releases US summer flavors: KitKat, Kisses, Reese’s, PayDay and Twizzlers

Hershey has launched a series of traveler destinations-themed candy and snack products for this coming summer in the US. 

India ‘defying the odds’ as a fast growing chocolate confectionery market, Mintel

Mintel has revealed India is “defying the odds” as one of the world’s fastest growing chocolate confectionery markets, while the global market posts slow growth in recent years.

Quarterly Earnings

Hershey posts Q1 growth driven by Reese’s, KitKat, Kisses and other key brands

Hershey has reported total net sales of $1.88bn in Q1, 2017, growing by 2.8% compared to last year.

Hershey seeks to reduce calorie counts with product reformulation, size adjustment

Hershey has included in its five-year plan a goal that 50% of its total offering of individually wrapped standard- and king-size confectionery products will be 200 calories or less. 

Peeps, Jelly Belly being out of stock at Walmart during Easter is ‘significant issue,’ Quri says

US shoppers may have found it more difficult to locate Peeps and Jelly Belly this past Easter at Walmart’s candy aisle compared to Cadbury, Dove, Hershey and M&M’s, says Quri....

Seasonal

Easter chocolate NPD 2017: Hershey, Cadbury, M&M’s and Godiva

ConfectioneryNews highlights new items from Hershey, Cadbury, Mars and Godiva for Easter, a major contributor to overall US candy sales. 

Reese’s Peanut Butter Cups among Hershey’s first brands to test Sourcemap

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. 

'The best kind of bad': Chocolate makers need premium ingredients not sugar reduction

Sugar and calorie reduction has taken its toll on the chocolate category, but focusing on quality ingredients can foster growth, suggests a Euromonitor analyst. 

Interview: WCF President

Big 12 cocoa and chocolate players pledge to end deforestation in cocoa

The 12 major players in cocoa and chocolate have united with public sector partners to eradicate deforestation in the cocoa supply chain.

Big data: Which brands top confectionery sales in Beijing?

Trade body China Candy has collected February confectionery data from thousands of retailers in Beijing. 

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