Hershey

Big Food’s stake in the future – in-house venture-capital funds’ investments

For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…

Hershey nudges full-year guidance up on back of consumer resilience

US confectionery major Hershey has upped its full-year revenue and profit forecasts as a result of consumer acceptance of its…

Hershey scoops two popcorn plants from Weaver Popcorn Manufacturing

Hershey has acquired two popcorn manufacturing plants from Weaver Popcorn Manufacturing as the US giant looks to tap into “increasing”…

Hershey invests in celebrity-backed popcorn brand

US confectionery giant Hershey has invested in Rob’s Backstage Popcorn, the local snack brand founded by musicians the Jonas Brothers…

Easing inflation means it’s back to basics in US confectionery

US consumers continue to have a collectively prolific sweet tooth, showing no signs of shying away from continuing to buy…

Hershey to up capex, advertising spend as sales surpass $10bn on pricing

As Hershey surpassed the US$10bn annual sales milestone helped by pricing to counter “record” cost inflation, the confectionery business plans…

Hershey to build new factory in home town

Hershey, the US snacks major, is setting up another manufacturing facility in its Pennsylvania home town. The company has announced…

Hershey to test treats resilience with further price increases

Consumers of Hershey confectionery and salty snacks can expect continued price increases into next year with input costs to remain…

Chocolate giants cleared in African slavery case

Global chocolate heavyweights including Nestlé, Hershey, Mondelez International and Mars have seen a slavery lawsuit brought against them dismissed by…

Hershey to be investor in new Fulfil North America business

Hershey is to be a shareholder in a new Fulfil Nutrition snack-bar business focusing on North America. Yesterday, it was…