The collective advertising spend in the US for confectionery companies reached almost $500 million in 2023. According to the latest figures published by Statista in December 2024, a total of nine ...

Hershey’s is rolling out several holiday-centric items across its brands, starting with Kit Kat Milk Chocolate Santas—festive snack-sized shapes available for the first time. The item combines Kit Kat ...

Hershey Trust Co. deemed the offer too low. Any deal would require the backing of Hershey Trust Co., which owns almost all of Hershey Co.'s Class B stock, giving it roughly 80% of the voting power ...

THE main owner of US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, sources familiar with the matter said, potentially ending a fresh pursuit that would ...

Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey, Bloomberg News has reported, citing people familiar with the matter, in what would create one of the ...

The soaring price of cocoa over the past year has pushed up the cost of chocolate, leading candy companies and consumers to lean toward other options this Halloween. Louie, a Miami-based pet ...