Hershey “unifies” US operating model
Hershey has introduced a major overhaul of its US commercial operations, reshaping how its confectionery, salty snacks and protein ranges are brought to market. Announced...
Tag : Hershey
Hershey Aims for Reduced Price Sensitivity Amid Lower Volume Trends
Hershey projects “lower sensitivity” to volume changes from pricing across its product range, even as the confectionery and snacks powerhouse grapples with cocoa inflation. The...
Hershey Names Former PepsiCo Executive as CEO
Hershey has appointed former PepsiCo executive Kirk Tanner as its new president and CEO, succeeding Michele Buck, who plans to retire in June next year....
Hershey Seeks Waiver from Cocoa-Related Tariffs
>Chocolate giant Hershey is actively pursuing an “exemption” from US tariffs on cocoa imports, as confirmed by the company’s management. In a recent discussion with...
Hershey Announces Acquisition of Organic Snack Company LesserEvil
In a strategic move, candy giant Hershey has announced a deal to acquire LesserEvil, a US-based manufacturer specializing in organic snacks. While the financial specifics...
Hershey Begins Search for New CEO as Michele Buck Announces Retirement Plans
In a significant leadership transition, US confectionery and snacks leader Hershey has initiated a search for a new chief executive officer (CEO) following the announcement...
Hershey Faces Key Decisions as CEO Readies for Departure
After two decades at the helm, Michele Buck will step down as CEO of Hershey, transitioning the company beyond its traditional focus on chocolate and...
Hershey Acquires Sour Candy Brand Sour Strips
In a strategic move to bolster its portfolio of sour candies, US snacks leader Hershey has acquired the popular local candy brand Sour Strips for...
Blue Stripes Secures Additional Funding for Whole Cacao Business
Blue Stripes, a company focused on food and beverage industry trends and utilizing the entire cacao fruit, has successfully raised $20 million in a Series...
Private label brands gaining ground over US food volume share
The US food industry continues to see a shift towards private label products over branded consumer foods. According to analysis by US investment bank AllianceBernstein,...