Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This...
The rising cost of candy has reportedly led consumers to rethink their Halloween plans. Candy and gum prices rose by 7.5% in September compared to...
As grocers increasingly shift their focus to their digital and omnichannel businesses, Hershey is seeing one of its key business customers pull back as it...
Grocery shoppers’ deal-seeking behavior is requiring brands to step up their promotional efforts, according to Hershey. The snack and confectionery giant shared in a Q&A...
As many food companies lose share to lower-priced competitors, Hershey candy is gaining ground. The company shared in an Investor Day presentation Wednesday (March 22),...
Showing our love with gifts is more challenging in 2023 given that inflation-weary consumers are still tapped from holiday spending. But love is in the...
As consumers cut unnecessary food purchases, chocolate still makes the grade, thanks to comfort eating. On a call with analysts Thursday (Feb. 2) discussing the...
One might expect that sales of non-essentials like candy would suffer from consumers’ belt-tightening during times of high inflation, but confectionery giant Hershey said Friday...
Today in food commerce, Hershey steps up its digital targeting efforts, while Giant’s endless aisle marketplace goes live. Plus, James McCarthy, co-founder of Dublin-based ResTech...