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 on themselves instead of pushing the...
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.
Seasonal confectionery c-store distribution is underdeveloped compared to other channels, despite the fact that the household purchase of seasonal confectionery is increasing,
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.
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 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 or PepsiCo.
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 of a book on the Hershey Trust.
Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
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 and DFS.
The National Confectioners Association (NCA) unveiled and gave awards to the “most innovative candy and snack ideas, concepts and products” at the annual Sweets & Snacks Expo this year in Chicago.
Hershey has reported positive results for its Candy Experience concept 'store within a store' at a Winn-Dixie outlet in Louisiana and three Supervalu-Cub Food Stores in Minnesota.
Hershey has posted a 5.6% net sales decline in its first quarter (Q1), but one analyst believes its acquisition of chocolate business barkTHINS offers hope in a troubled US confectionery market.
Mainstream players like Hershey may struggle to maintain grip on the US chocolate market amid rising competition and a shift to seasonal and premium products, claims an analyst at Swiss-based financial services firm UBS.
The World Cocoa Foundation’s acting president has defended farmer inclusivity under the industry-backed CocoaAction initiative and says efforts are not limited to yield increases.
A district court in California has thrown out lawsuits accusing Hershey and Nestlé of misleading consumers by failing to disclose cocoa in some chocolate brands may come from slave labor.
KRAVE – the upmarket jerky brand that helped to spearhead a renaissance at the premium end of the meat snacking category – could be a $500m brand “very quickly”, claims new chief executive Shane Chambers, who took the helm following the departure of founder...
Easter this year is short, but it won't stop retail sales of Easter candy from growing, vice president of public affairs and communications at National Confectioners Association (NCA), Christopher Gindlesperger, tells ConfectioneryNews.
Tootsie Roll has grown net sales and earnings in the fourth quarter and full-year 2015, which one analysts says may intensify interest from Warren Buffet or Turkish firm Yildiz Holdings.
A study by Clavis Insight suggests major retailers in the US and UK are missing on an important sales opportunity to drive Valentine’s chocolate purchases online.
Hershey’s has launched its Chocotubs crunchy cookies with chocolate dip, in in-mould labelling (IML) packaging with labels from Verstraete IML, in Brazil.
Hershey has launched a contest calling for companies to help it develop a lightweight, affordable shipping system that will keep chocolate cool even in the warmest months.
Millennial consumers claim to favor ethical products, but are often unwilling to pay the premium in practice, according to a study supported by Hershey.
Analysts say Hershey may be eyeing a joint venture or merger with a major international player such as Ferrero, but the US chocolate giant has dismissed the claims as “speculation”.