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Big Brands > Hershey

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. 

Exclusive interview

Hershey looks to upgrade chocolate confectionery lab upon visiting AAK’s new innovation center

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....

Growth Strategy

Hershey outlines plan to reignite confections category and expand in snacking

Hershey will explore acquisitions, focus on Amazon in e-commerce and launch snack SKUs of its core brands, says its new CEO.

Hershey may kiss older international plants goodbye with roughly 2,700 job cuts

Hershey plans to reduce its global workforce by 15%, mainly outside of the US, under a new supply chain efficiency program.

Hershey’s next CEO shakes up executive team

Hershey’s incoming president and CEO Michelle Buck has named her executive team.

Hershey and Mars lose China market share to Nestlé and Ferrero

Hershey and Mars have lost market share in China's declining confectionery category to Nestlé and Ferrero, according to Euromonitor Shanghai.

Hershey's chocolate Valentine’s NPD: KitKat Red Velvet, Reese’s hearts and more

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...

Q4 and full-year results

Hershey bets on multi-textural snacking and Chinese e-commerce for growth

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....

Could Hershey's fictitious retailer Medley revive 'uninspiring' confectionery category?

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.

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.

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