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.
Hershey has introduced its first biscuit brand in the UK, produced under license by Lightbody Ventures, as Brits covet American brands.
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.
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....
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.
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.
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 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....
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 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 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...
The food and nutrition space is vibrant and in rude health according to latest merger, acquisition and investment figures globally.
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 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...
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.
Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
Hershey has rejected a takeover approach from Mondelēz International that would have created ‘the world’s largest candy company.’
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...
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.
The list of products being pulled from shelves over fears they contain sunflower seeds contaminated with a bacteria that that causes listeria continues to grow.
Swiss chocolatier Lindt & Sprüngli has recruited a new CEO, while US giant Hershey has named its chief operating officer.
Businesses including Barry Callebaut, Mars and Nestlé are part of a new program designed to help cocoa farmers adapt to the threat of climate change.