Hershey

Campbell, Hershey Bet That Salty Snacks Will Reignite Slow Sales

In a packaged-food industry suffering from weak demand and shifting consumer tastes, there’s still one safe bet: salty snacks. Potato chips, popco...

Hershey To Buy Amplify Snack Brands For $1.6 Billion

Hershey is expanding further beyond chocolate, agreeing to buy the owner of Tyrrell’s potato chips and SkinnyPop popcorn for $1.6 billion, including...

Hershey Sees Marginal Sales Growth In Second Quarter

US confectionery company Hershey has reported that net sales increased by 1.5% to $1,663 million during the second quarter of 2017. This gives the compa...

China Orders Hershey-Lotte Candy Factory To Halt Operations

Lotte Shanghai Foods, a joint venture between Hershey Co. and South Korea’s Lotte Group, has been told by Chinese authorities to stop production at i...

With Hershey Deal Dead, Mondelez Keeps Earnings Up With Cuts

After an unsuccessful bid to acquire Hershey Co. earlier this year, Mondelez International Inc. is back to its previous playbook: using cost cuts to fuel e...

Hershey CEO Bilbrey Preparing To Step Down, Reuters Reports

Hershey Co. Chief Executive Officer John Bilbrey is preparing to step down by next summer, the Reuters news agency reported, citing unidentified people fam...

Spurned By Hershey, Mondelez Pushes Into U.S. Chocolate Market

Mondelez International Inc. wanted Hershey Kisses and Reese’s Pieces. The global snack giant will have to settle for Oreo candy bars instead. Afte...

Mondelez Shifts From Hunter To Hunted After Hershey Deal Dies

Mondelez International Inc. spent the past two months trying to coax Hershey Co. into accepting a takeover bid, a deal that would have created the world&rs...