Cote d’Ivoire, the world’s largest cocoa producing country, has called the move by Hershey to reportedly buy 30,000 tonnes of cheap beans from the ICE New York futures exchange an attempt to derail plans for the Living Income Differential (LID) set up...
Hershey has allegedly bought up to 30,000 tonnes of cocoa from futures exchange ICE in a bid to avoid paying the extra Living Income Differential (LID) set up by Ghana and Cote d’Ivoire that includes an added price premium of $400 per tonne on their cocoa,...
Sales of The Hershey Co.’s iconic chocolates and confections significantly outpaced the category during the company’s third-quarter thanks to targeted, nimble marketing that positioned the sweets at the center of socially distant and much needed get-togethers...
A strong Halloween, coupled with demand for chocolate chips and cocoa powder from households in the US taking up baking during coronavirus lockdowns, has allowed Hershey to beat quarterly sales estimates and reinstate its full-year outlook.
Quinn – which was founded by a woman on the credo of social commitments and natural ingredients – has closed additional Series D funding, including an undisclosed minority investment from the confectionery giant.
Reese’s Trick-or-Treat Door is designed to traverse through neighborhoods on its own and bring Reese’s Peanut Butter Cups directly to candy lovers’ doorsteps.
The Hershey Company has been recognized as one of America's Most JUST Companies by Forbes and JUST Capital for the second consecutive year, it has announced.
The COVID-19 pandemic has kept American consumers in – or close to – the home for most of the year. Now with weeks until Halloween - one of the biggest sales drivers for the chocolate, candy, gum and mints industry - families are preparing for scaled...
Hershey’s free bags offer a fun and safe alternative to trick-or-treating, as NCA health consultant Dr Stephen Ostroff issues reminder on protocols for this year’s event.
Hershey has announced new salty twists to Reese Big Cups with a Pretzel variation to be launched in November – followed by a Reese's Big Cups with Chips available from March 2021 for a limited time only.
KitKat, which made under license in the US by the HB Reese Candy Company, a division of The Hershey Company, is giving 200 fans the opportunity to be among the first to taste the brand's newest flavor innovations through membership to an exclusive...
Hershey was one of the first out of the blocks of the big candy companies to reveal its Halloween treats this year when way back at the beginning of July it introduced Reese's Franken-Cups, KIT KAT Witch's Brew, Hershey's Kisses Vampire...
Hershey has reported a record-breaking demand for s’mores during the coronavirus crisis, with sales of its six-pack bars skyrocketing by 40% - even higher in some US states with stricter lockdown regulations. Monday 10 August is ‘National S’mores Day’...
Chocolate and candy maker reports Second-Quarter 2020 Financial Results; provides 2020 Business Update, and looks to ‘creative ways of trick-or-treating’ to restore fortunes.
Chocolate and confectionery maker The Hershey Company reached a milestone in its CSR strategy in January when 100% of the cocoa it sources was certified sustainable. FoodNavigator speaks to the company’s director of global sustainability and social impact...
Three food companies – The Hershey Company, The Kellogg Company, and McCormick & Company – were included on DiversityInc Top 50 Companies for Diversity list, an annual list based on survey submissions from US companies with 1,000 or more employees.
Jeff King, Hershey’s senior director of global sustainability and social impact, is the person responsible for the company’s Cocoa For Good sustainability program, which has committed to 100% direct-sourced cocoa in West Africa by 2025. He talks to ConfectioneryNews...
A new ad-spot on TV and social media created by Hershey's in-house agency addresses one of the side-effects of mask wearing during the coronavirus pandemic.
The Hershey Company has announced that it is committing $1m to acquire, install and staff a new manufacturing line dedicated to the production of facemasks in response to the coronavirus pandemic.
Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
Confectionery, along with crisps, snacks & nuts, and soft drinks, has been earmarked as a risk category in the food sector for deprioritisation, as supermarkets re-allocate stock priorities towards staples and essential supplies due to the coronavirus...
The role of category managers is evolving from a game of dominoes to chess, optimizing the retail experience to anticipate the next step in shopper behavior, said David Nolen, VP, category management at Hershey.
New research provided exclusively for ConfectioneryNews shows customers spent 56% more online on Hershey's chocolates during January 15 through Valentine's weekend.
President and CEO plays the straight man this time as he sets out the organization’s agenda for the next five years and promises to act on cocoa sustainability, look at the issues around the CBD trend and maintain the confectionery industry’s image as...
One of the world’s largest sweets and snacks fair sees record number of exhibitors and sets consumer trends for the year, while Brazil increases its presence on international stage.
Stand-up packaging, consumer-driven innovation and loyalty data are upending the candy aisle and checkout area. We talked with two Hershey execs at the National Association of Convenience Stores (NACS) show to understand how one of the world’s most beloved...
Nestlé, Mars, Hershey and Lindt earned C-level ratings in the organization’s chocolate scorecard, while Mondelēz and Godiva fared worse. Smaller players including Alter Eco, Endangered Species, Theo and Tony’s Chocolonely again received top marks in the...
Leading up to October 31, Hershey joined Rubie’s Costumes and The Addams Family movie to create a digital one-stop-shop called Halloween Headquarters. We got the scoop from Brad Santanna, the candy maker’s digital commerce lead.
The confectioner (and now snacking player) upped its full-year outlook by a half percent, with gains from ONE Brands’ bars and a strong start to seasonal sales in the third quarter.
From ethical chocolate to glow-in-the-dark wrappers, the industry offers trick-or-treaters a plethora of new options and old standbys to celebrate on October 31.
After announcing that it would hike wholesale prices by 9-10% on its single-serve products, which account for roughly a third of its total sales, The Hershey Company has reported a better-than-expected quarterly profit but forecast 2019 earnings below...
Following an investigation published in The Washington Post in June, two Democratic lawmakers requested that existing laws prohibiting such imports be enforced.
Rovema North America, (part of Rovema), which designs and supplies packaging machinery for the food industry, has received a 2019 Supplier Excellence Award for Innovation from the Hershey Company.
Hershey, which will relaunch its version of the peanut, pretzel, caramel and chocolate candy this summer, asked consumers to compare old and new: the Reese’s name won them over.
Lauren Jauregui, who started touring as a teenager with girl group Fifth Harmony, will headline the candy maker’s first-ever Makers of Good Teen Summit in New York City on June 20.
In this exclusive ConfectioneryNews’ podcast we talk to Kaylee Dugan and Laura Renaud, part of the company’s communications team, on what’s trending and how Hershey are managing to keep ahead of the competition.
New on the stand will be Duos Mint + Dark Chocolate KitKat, which goes on sale nationwide in December, with more offerings from Reese’s and Emoji Bars.
New action plans are integrated into Hershey’s broader Cocoa For Good Strategy and says they deliver the company’s commitment to the Cocoa & Forests Initiative.
Confectionery giant’s deep dive into discovering and mastering the keys to shopper decision making comes at a timely moment with the retail landscape in a constant state of flux.