Tag Archives: Hersheys

Hershey’s announces double-digit price increase due to global cocoa shortage

Hershey’s announces double-digit price increase due to global cocoa shortage

The cost of your favorite chocolate candy bar could be on the rise as the nation’s largest chocolatier confirmed Tuesday it is raising prices soon. The Hershey Company says its chocolate products will see a “low double-digit” price increase in the coming weeks due to the rising cost of cocoa around the world, CBS News reports. The price change will …

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Chocolate maker Hershey’s plans to raise prices but not for Halloween candy

Chocolate maker Hershey’s plans to raise prices but not for Halloween candy

Here’s the good news: The Hershey Co. says it’s not raising prices for Halloween candy this year. But here’s the bad news: Hershey and other chocolate makers are continuing to hike prices, saying a volatile cocoa market gives them no choice. Hershey, the maker of Reese’s, Whoppers, barkThins and other chocolate candies, said Wednesday that it will be raising U.S. …

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