Tag

Hershey

All articles tagged with #hershey

business9 days ago•4 min saved

Reese's founder's grandson accuses Hershey of diluting the iconic recipe

Brad Reese, the inventor's grandson, accuses Hershey of replacing milk chocolate with compound coatings and peanut butter with creme across Reese's products, threatening brand trust. Hershey says the changes are recipe adjustments to support innovations while preserving the core chocolate-and-peanut-butter balance. The dispute references new heart-shaped Minis, European variants, FDA labeling rules, and price pressures that influence formulations.

via CBS News|

#brad-reese #business #fda

business9 days ago•15 min saved

Inventor’s Grandson Blames Hershey for Damaging Reese’s Brand

The grandson of Reese’s inventor accuses Hershey of cutting corners and harming the Reese’s brand, underscoring a clash over the iconic candy’s legacy amid corporate ownership.

via Associated Press News|

#branding #business #confectionery

sports5 months ago•2 min saved

Capitals and Flyers Face Off in Hershey with Key Player Performances

The Philadelphia Flyers faced a tough preseason game against the Washington Capitals in Hershey, losing 5-1 with limited offensive success and several roster battles evident, including debut performances by goaltenders Vladar and Kolosov.

via NHL.com|

#capitals #flyers #hershey

business5 months ago•2 min saved

Hershey Wins Lawsuit Over Reese's Halloween Candy Designs

A U.S. District Court dismissed a lawsuit claiming Hershey's Reese's Halloween candies were deceptive because their packaging depicted spooky designs that were absent from the actual chocolates, ruling that the lack of design did not cause economic harm to consumers.

via CBS News|

#business #deceptive-advertising #halloween-candies

business6 months ago•6 min saved

Top 5 Dividend Stocks to Hold for the Next Five Years

The article suggests that despite current challenges, well-managed consumer staples companies like PepsiCo, Clorox, Hershey, Hormel, and General Mills are good long-term dividend investments, as they tend to recover and grow over a five-year horizon, offering attractive yields and potential for appreciation.

via The Motley Fool|

#business #consumer-staples #dividend-stocks

business7 months ago•2 min saved

Hershey Announces Price Increase for Chocolate

Hershey is increasing the prices of its chocolate products by a 'lower double-digit' percentage due to soaring cocoa costs, which have risen significantly in 2024 driven by climate change impacts on cocoa-producing regions. The company also plans to implement 'shrinkflation' by reducing package sizes to manage costs without directly raising prices. Other chocolate makers like Lindt are also raising prices amid high cocoa prices.

via KSL.com|

#business #chocolate-prices #cocoa-prices

business7 months ago•1 min saved

Hershey and Others to Raise Chocolate Prices Amid Rising Cocoa Costs

Hershey, the largest chocolate maker in the US, announced a low double-digit price increase on its products due to a 73% rise in cocoa costs driven by a global shortage caused by unfavorable weather and lack of investment, with the change taking effect in the coming weeks.

via MLive.com|

#business #chocolate #cocoa-cost

business7 months ago•2 min saved

Hershey and Others Raise Chocolate Prices Amid Rising Cocoa Costs

Hershey will raise candy prices by low double digits due to rising cocoa costs driven by a global shortage caused by climate change and underinvestment, affecting products across its portfolio, with prices taking about 90 days to implement.

via CBS News|

#business #candy-prices #cocoa-costs

business7 months ago•2 min saved

Hershey to Increase Chocolate Prices Amid Rising Cocoa Costs

Hershey is raising the prices of its chocolate products by a 'lower double-digit' percentage due to soaring cocoa costs, which have increased significantly in 2024 because of poor harvests in cocoa-producing regions affected by climate change. The company also plans to implement 'shrinkflation' by reducing package sizes to manage costs without directly raising prices. Other chocolate companies like Lindt are also experiencing similar price hikes.

via CNN|

#business #chocolate-prices #cocoa-prices

business7 months ago•1 min saved

Hershey to Raise Chocolate Prices Due to High Cocoa Costs

Hershey plans to implement a double-digit price increase across its confectionery products due to rising cocoa costs, which have been affected by supply issues in West Africa, although cocoa prices have recently fallen from record highs.

via Yahoo Finance|

#business #chocolate-prices #cocoa-costs

business7 months ago•1 min saved

Kirk Tanner, Wendy's CEO, Named Hershey's New CEO

Kirk Tanner, former Wendy's CEO and ex-PepsiCo executive, has been appointed as the new CEO of Hershey, effective August 18, succeeding Michele Buck who is retiring. Wendy's has named CFO Ken Cook as interim CEO during the transition, while the company searches for a permanent replacement.

via CNBC|

#business #ceo-appointment #consumer-packaged-goods

entertainment8 months ago•2 min saved

Hershey Biopic Wraps Filming in Pennsylvania

A biopic about Milton S. Hershey, directed by Mark Waters and starring Finn Wittrock and Alexandra Daddario, has wrapped filming in Pennsylvania after over seven weeks, depicting Hershey's life from the 1870s to 1910s and highlighting his contributions to community and education.

via The Hollywood Reporter|

#alexandra-daddario #biopic #entertainment

health8 months ago•1 min saved

UK and US Recall Jolly Ranchers Over Health and Safety Concerns

The UK's Food Standards Agency has warned the public against consuming certain Jolly Rancher candies due to the presence of harmful hydrocarbons (MOAH and MOSH) that pose health risks, including potential cancer. The products have been recalled in the UK, but some imports remain, and consumers are advised not to buy or eat them.

via Newser|

#food-safety #health #hershey

public-health8 months ago•1 min saved

Urgent Recall: Popular Sweets Unsafe Due to Health Risks

The UK Food Standards Agency has issued a warning that certain US-made Jolly Rancher candies contain chemical compounds (MOAH and MOSH) that could damage DNA and increase cancer risk, prompting a recall and urging consumers and businesses to stop selling or consuming these products, although the immediate health risk is low.

via BBC|

#chemical-contaminants #food-safety #fsa

business1 year ago•0 min saved

Hershey's Rebuffs Mondelez's Low Offer Amid Merger Uncertainty

Hershey Trust Co., the main owner of Hershey Co. with significant voting power, has rejected a takeover offer from Mondelez International Inc., deeming it too low. This decision could halt the potential merger that would have created a food giant with nearly $50 billion in combined sales.

via Bloomberg|

#business #business-deal #hershey