Content about Hershey

July 17, 2014

Rising commodity costs and expense pressures prompted Hershey to announce an 8% increase in wholesale prices as it looks to maintain profitability in 2014 and beyond.

Rising commodity costs and expense pressures prompted Hershey to announce an 8% increase in wholesale prices as it looks to maintain profitability in 2014 and beyond.

June 27, 2014

MWV’s board of directors chose James Nevels as a new member, the packaging company announced Thursday.

MWV’s board of directors chose James Nevels as a new member, the packaging company announced Thursday.
 
Nevels, the 62-year-old chairman of the Philadelphia-based investment advisory firm The Swarthmore Group and president of the Hershey Company’s board of directors, will work on MWV’s development and auditing committees. He joins the board as the company works to increase its margin goals and expand its packaging endeavors.
 

June 4, 2014

Hershey's Chocolate World has opened a retail location at New York-New York Hotel & Casino on the Las Vegas Strip.

Hershey's Chocolate World has opened a retail location at New York-New York Hotel & Casino on the Las Vegas Strip.
 
The West Coast flagship store, which occupies two floors and boasts a 74-ft. high by 24-ft. wide Hershey’s Milk Chocolate Bar façade sign that visitors can walk through, immerses consumers in more than 800 candy and chocolate offerings, including Hershey’s, Hershey’s Kisses, Reese’s, Ice Breakers, Jolly Ranchers and Twizzlers brands.
 

June 4, 2014

Hershey's Chocolate World has opened a retail location at New York-New York Hotel & Casino on the Las Vegas Strip.

Hershey's Chocolate World has opened a retail location at New York-New York Hotel & Casino on the Las Vegas Strip.
 
The West Coast flagship store, which occupies two floors and boasts a 74-ft. high by 24-ft. wide Hershey’s Milk Chocolate Bar façade sign that visitors can walk through, immerses consumers in more than 800 candy and chocolate offerings, including Hershey’s, Hershey’s Kisses, Reese’s, Ice Breakers, Jolly Ranchers and Twizzlers brands.
 

April 22, 2014

Hershey achieved many of its sustainability goals more quickly than planned and the efforts of product lifecyle and reverse logistics leader GENCO illustrate how Hershey made it happen.

Hershey achieved many of its sustainability goals more quickly than planned and the efforts of product lifecyle and reverse logistics leader GENCO illustrate how Hershey made it happen.

April 22, 2014

Hershey achieved many of its sustainability goals more quickly than planned and the efforts of product lifecyle and reverse logistics leader GENCO illustrate how Hershey made it happen.

Hershey achieved many of its sustainability goals more quickly than planned and the efforts of product lifecyle and reverse logistics leader GENCO illustrate how Hershey made it happen.

January 30, 2014

Solid volume growth and new product sales in North America helped The Hershey Company regain its category leadership position in the candy, mint and gum business with a 30.1% market share.

Solid volume growth and new product sales in North America helped The Hershey Company regain its category leadership position in the candy, mint and gum business with a 30.1% market share.

The company synonymous with chocolate said its fourth quarter sales increased 11.7% to nearly $2 billion and that sales in North America slightly exceeded expectations due to a solid holiday season.

January 17, 2014

Hershey is launching a new line of chocolate spreads, called Hershey's Spreads. The spreads will be available in three varieties: Chocolate, Chocolate with Almond and Chocolate with Hazelnut.

Hershey is launching a new line of chocolate spreads, called Hershey's Spreads. The spreads will be available in three varieties: Chocolate, Chocolate with Almond and Chocolate with Hazelnut.

December 19, 2013

North America’s largest chocolate producer has acquired an 80% ownership interest in the manufacturer of China’s popular Golden Monkey confectionary and snacks brand.

North America’s largest chocolate producer has acquired an 80% ownership interest in the manufacturer of China’s popular Golden Monkey confectionary and snacks brand.

November 14, 2013

Chairman of Sheetz Convenience Restaurants, Stan Sheetz, has been inducted into the Convenience Store News Hall of Fame in recognition of his accomplishments in the convenience retail industry. The reception and dinner was recently held at the Hershey Country Club in Hershey, Pa.

Chairman of Sheetz Convenience Restaurants, Stan Sheetz, has been inducted into the Convenience Store News Hall of Fame in recognition of his accomplishments in the convenience retail industry. The reception and dinner was recently held at the Hershey Country Club in Hershey, Pa.

Sheetz received honors for his contributions to U.S. and international business, and his transformation of the company founded by his father Bob Sheetz, from a convenience store into a chain of more than 460 "convenience restaurants."

October 10, 2013

Following a successful launch in China earlier this year, Hershey is ready to introduce its first new brand to the U.S. market in three decades.

Following a successful launch in China earlier this year, Hershey is ready to introduce its first new brand to the U.S. market in three decades.

October 10, 2013

Following a successful launch in China earlier this year, Hershey is ready to introduce its first new brand to the U.S. market in three decades.

Following a successful launch in China earlier this year, Hershey is ready to introduce its first new brand to the U.S. market in three decades.

August 28, 2013

The Hershey Company has selected Universal McCann to handle its global media planning and buying activities.

HERSHEY, Pa. — The Hershey Company has selected Universal McCann to handle its global media planning and buying activities. 

Hershey’s global media assignment includes all paid media, including TV, print, digital and Hispanic for the U.S. business — the company’s largest — as well as Hershey’s growing international businesses.

August 15, 2013

The Hershey Company has appointed Mary Kay Haben to its board of directors.

HERSHEY, Pa. — The Hershey Company has appointed Mary Kay Haben to its board of directors. 

“Mary Kay is a seasoned leader who brings a great wealth of relevant food and confectionery experience to her role as a member of the Hershey board,” said James Nevels, chairman of the board of directors. “She is an accomplished executive with extensive experience managing businesses in the consumer packaged goods industry and has an impressive track record in growing brands and developing new products.”

July 25, 2013

Core brand growth and new products in U.S. and key international markets bolstered Hershey Company’s second quarter results for the period ended June 30.

HERSHEY, Pa. — Core brand growth and new products in U.S. and key international markets bolstered Hershey Company’s second quarter results for the period ended June 30. The company reported consolidated net sales of $1.5 billion for the quarter, a 6.7% increase from $1.4 billion for same quarter a year ago.

Hershey’s reported net income for the quarter was $159 million or $0.70 per share-diluted, compared with $135 million or $0.59 per share-diluted for the comparable period of 2012.

June 11, 2013

Retailers looking for insight into popular new products in the candy and snacks world can thank organizers of the Sweets & Snacks Expo for doing some heavy lifting.

Retailers looking for insight into popular new products in the candy and snacks world can thank organizers of the Sweets & Snacks Expo for doing some heavy lifting.
 
A panel of experts at the 17th annual event sifted through hundreds of samples prior to the sold out trade show in Chicago and found eight worthy of the distinction of “Most Innovative New Product.”

June 4, 2013

QVC, a global leader in video and e-commerce retail, has appointed former Hershey’s executive Ted Jastrzebski as the company’s new CFO. Jastrzebski will oversee QVC's financial operations, and will report to president and CEO Mike George.

WEST CHESTER, Pa. — QVC, a global leader in video and e-commerce retail, has appointed former Hershey’s executive Ted Jastrzebski as the company’s new CFO. Jastrzebski will oversee QVC's financial operations, and will report to president and CEO Mike George.

May 22, 2013

A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai.

SHANGHAI — A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai. 

May 22, 2013

A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai.

SHANGHAI — A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai. 

May 21, 2013

Hershey is heading to China to launch a candy brand called Lancaster, marking the first time in its 120-year history that the company has launched a new brand outside of the United States.

SHANGHAI — Hershey is heading to China to launch a candy brand called Lancaster, marking the first time in its 120-year history that the company has launched a new brand outside of the United States. It’s also the first time in 30 years that Hershey launches a brand that is neither a brand extension nor an acquisition.

The brand will be available in the cities of Wuhan, Hangzhou and Chengdu in June, with wider distribution following next year. 

May 21, 2013

Hershey is heading to China to launch a candy brand called Lancaster, marking the first time in its 120-year history that the company has launched a new brand outside of the United States.

SHANGHAI — Hershey is heading to China to launch a candy brand called Lancaster, marking the first time in its 120-year history that the company has launched a new brand outside of the United States. It’s also the first time in 30 years that Hershey launches a brand that is neither a brand extension nor an acquisition.

The brand will be available in the cities of Wuhan, Hangzhou and Chengdu in June, with wider distribution following next year. 

May 8, 2013

Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum.

BALTIMORE — Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum. 

The goal of the summit, which was held in Baltimore, was to unleash the combined resources of Hershey’s internal innovation resources and its broad supply base to create new ideas, new capabilities, more sustainable practices and consumer-focused innovations that will drive industry-leading growth.

May 8, 2013

Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum.

BALTIMORE — Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum. 

The goal of the summit, which was held in Baltimore, was to unleash the combined resources of Hershey’s internal innovation resources and its broad supply base to create new ideas, new capabilities, more sustainable practices and consumer-focused innovations that will drive industry-leading growth.

May 7, 2013

Twizzers candy is getting in on the Man of Steel hype and teaming up with Warner Bros. to offer fans a chance to remake themselves as the invincible one and win prizes.

HERSHEY, Pa. — Twizzlers candy is getting in on the Man of Steel hype and teaming up with Warner Bros. to offer fans a chance to remake themselves as the invincible one and win prizes.

Between now and July 6, participants can visit www.Facebook.com/Twizzlers to create and star in a personalized Man of Steel- inspired video. The custom video application called Create the Invincible You takes Facebook fans through a two-minute transformation that they can then share on social media sites.

April 25, 2013

The Hershey reported a net sales increase of nearly 6%, driven by core brand volume. Consolidated net sales were $1.8 billion for the first quarter ended March 31, compared with $1.7 billion for the same period last year.

HERSHEY, Pa. — The Hershey reported a net sales increase of nearly 6%, driven by core brand volume. Consolidated net sales were $1.8 billion for the first quarter ended March 31, compared with $1.7 billion for the same period last year. 
 
Reported net income for the first quarter of 2013 was $242 million compared with $199 million for the same period last year.