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 to lay off workers as automation drive kicks in

US-based confectionery giant Hershey has announced a restructuring plan that includes reducing its workforce to drive productivity by automating processes.…

Just Food’s 23 most-read news stories of 2023

In a tumultuous 2023, the impacts of conflict in Ukraine and Israel, business failures and M&A caught your eye. Hershey…

Hostess Brands shares soar on report of takeover interest

Hostess Brands has reportedly appointed advisers to mull takeover interest from a clutch of major packaged food companies. According to…

Hershey plans to close Dot’s Pretzels factory in US

Hershey is set to shut down a US facility that produces Dot’s Homestyle Pretzels. The US confectionery major announced its…

Hershey buys back Canada site from Canopy Growth

Hershey has struck a deal to acquire a facility in Canada it sold in 2007. The Reese’s maker is to…

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…