Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.
Sourcing to fair trade standards, such as UTZ, Rainforest Alliance and Fairtrade, is an important first step for chocolate makers towards cocoa sustainability, but will not necessarily bring farmers out of extreme poverty, say supply chain actors.
Barry Callebaut has made available a range of low-sugar chocolate designed to promote an improved nutritional profile to confectionery that doesn’t compromise on taste.
Hershey says it is not in the business of processing cocoa, contrary to a Reuters report claiming it was considering a semi-processed cocoa facility in Côte d’Ivoire.
Hershey says it is continuing to explore the possibilities of 3D chocolate printing partnering with a ‘world-renowned culinary school’ and funding two students to focus on exploring real-world applications of the technology.
The M&M’s maker Mars will take a minority stake in KIND Snacks, a deal that aims to bring KIND's nutrition bars and granola products onto the global stage.
Non-chocolate confectionery grew at a faster rate than chocolate in the US for the first half of 2017, driven in part by one strongly performing brand.
Fourteen Mondelēz employees across the global have finished their ‘Joy Ambassadors Program’ in Ghana, gaining a firsthand understanding of ‘the challenges and opportunities in securing a sustainable cocoa supply.’
Allulose-sweetened chocolate startup Allulite Nutrition debuted its products at the FNCE (Food and Nutrition Conference & Expo) show recently in Chicago, and it hopes to become a $1bn brand in the next few years for Hershey to acquire.
There are multiple holes in a new proposed class action complaint filed vs Mondelez over sugar levels in its belVita range, say attorneys. However, the recent shift away from fat to sugar as public enemy #1 has clearly emboldened the plaintiff’s bar.
New Jersey Economic Development Authority (EDA) has approved Mars Wrigley a $3.15m annual tax credit package over 10 years for bringing 483 jobs to the state.
Mars Wrigley Confectionery says it has achieved income and yield increases for Indian mint farmers in the first year of a five-year sustainability program.
Hershey took the largest share of Amazon’s candy purchases in October this year compared to Mondelēz-owned Sour Patch Kids, Mars’ Skittles and Starburst, and Perfetti Van Melle’s Airheads, according to a new report from Edison Trends.
Mondelēz was in a strong legal position to stop Poundland’s Twin Peaks from hitting shelves, but the pound store ended up securing a good deal revealing its rising status, says a legal expert.
Hershey’s CEO Michele Buck recently said the company is ‘very open to mergers and acquisitions,’ and sees them playing ‘a key role’ in Hershey’s growth agenda.
Ferrero has been accused of secretly changing the recipe of Nutella to replace expensive cocoa with cheaper milk powder, but it says it has merely "fine-tuned" the recipe.
A district court judge in Frankfurt has ordered Ferrero to label the number of individually wrapped chocolates on its Raffaello’s packaging after a local consumer complained that the product only showed its total weight.
Hershey is to launch peanut and pretzel flavored Hershey's Gold – the first permanent flavor variant for its namesake brand since Cookies ‘n Creme in 1995.
‘Clear business case’ to invest in women in cocoa: WINCC
Female cocoa farmers are key to accelerating cocoa sustainability, but lack the access to finance and land rights that men have, says a new network for women in the cocoa supply chain, which includes Hershey's CEO.
Significant progress is being made to combat unlawful child labor, but Indonesia’s declining crop and the falling cocoa price remain major challenges, says Mars' head of procurement.
Hershey says launching Hershey’s Gold, a caramelized crème with peanuts and pretzels, could benefit its 2017 Halloween seasonal sales after delivering 'solid' Q3 financial results.
Just Born says it is interested in buying some of Nestlé’s candy brands, such as Rainsinets and Goobers, if the food giant sells its US confectionery unit to multiple companies.
Nestlé’s child labor prevention system in its Cocoa Plan will cover around half of the company’s supply by 2020, but full scale up may never be possible, says its public affairs director.
Hershey has refused to comment on speculation it was among the US companies submitting an initial bid on Nestlé’s US chocolate and candy business last week.
Kamillo Kitzmantel, CEO of Lindt & Sprüngli (Switzerland) AG and a member of the Group Management, has decided to retire, leaving the company by end of 2017.
Nestlé says its confectionery business in Europe still has room to grow, but it may review its high number of confectionery brands in the region, which it says is “not sustainable”.
Traceability from farm to first purchase, common definitions of protected areas and paying farmers a living income are three ways stakeholders say can help end cocoa-driven deforestation in West Africa, which is threatening endangered species.
