Hershey

Welcome to our Blog! Exciting news in the snack industry as Hershey announces its intent to acquire LesserEvil, a brand known for its organic snacks with bold flavors and better-for-you ingredients. The deal, valued at approximately $750 million, is another…

Krispy Kreme Teams Up with Hershey’s for Chocolate Doughnuts Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream…

Welcome Stacy Taffet, Hershey’s New Chief Growth Officer Exciting news from Hershey as they announce the appointment of Stacy Taffet as their new Chief Growth Officer. Taffet, a seasoned veteran from PepsiCo, will be taking on the responsibility of overseeing…

Both Mondelēz International and Hershey have issued warnings that the persistent high cocoa prices are expected to have a negative impact on their businesses until 2025. Dirk Van de Put, CEO of Mondelēz, stated that the company is currently facing…

Key Points: Hershey has appointed Andrew Archambault as president of U.S. confection and Veronica Villasenor as president of salty snacks, effective Feb. 3. Archambault joins Hershey from Keurig Dr Pepper, while Villasenor has been with Hershey for 22 years. Villasenor…

Key Points: Hershey CEO Michele Buck is set to retire on June 30, 2026, after 20 years with the company and taking over as CEO in 2017. The succession planning process has begun to find her replacement. During her time…

Hershey Expands Sweets Portfolio with Acquisition of Sour Strips Hershey recently acquired Sour Strips, a popular sour candy brand founded by Maxx Chewning in 2019. This strategic move aims to broaden Hershey’s sweets portfolio and tap into the growing demand…

Dive Brief: Hershey has announced a new agreement as part of its ongoing efforts to support cocoa growers, improve children’s well-being, and protect the environment in cocoa-producing regions. The company’s “Cocoa For Good” program focuses on addressing poverty, malnutrition, at-risk…

Hershey is reorganizing its workforce to align with its long-term growth plans. The company is laying off about 200 employees, or 1% of its 20,000-person workforce, while also creating new roles in areas such as technology and data science to…

Dive Brief: Nutrabolt’s C4 brand is teaming up with Hershey to launch a range of energy drinks and protein powders featuring some of Hershey’s popular brands. Nutrabolt has obtained licensing rights from Hershey for these brands. The collaboration will kick…