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Hershey

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Hershey Updates Reese's Pumpkin Packaging After Court Dismisses Deceptive Marketing Suit
consumer-news2 days ago

Hershey Updates Reese's Pumpkin Packaging After Court Dismisses Deceptive Marketing Suit

Hershey has replaced the 'Decorating Suggestion' label on Reese's Peanut Butter Pumpkins with a new disclaimer stating 'Carving not on actual product.' This change follows the second dismissal of a 2024 lawsuit by Florida residents who alleged the packaging was misleading. The court ruled the plaintiffs' dissatisfaction was merely 'subjective disappointment,' though attorneys are considering an appeal.

Hershey Updates Reese's Pumpkin Packaging After Lawsuit Dismissal
business-and-consumer2 days ago

Hershey Updates Reese's Pumpkin Packaging After Lawsuit Dismissal

Hershey has replaced the 'Decorating Suggestion' label on Reese's Peanut Butter Pumpkins with a new disclaimer stating 'Carving not on actual product.' This change follows the dismissal of a 2024 lawsuit by Florida residents who alleged the packaging was misleading. The plaintiffs claimed the images implied the candies were pre-carved, but the court ruled their dissatisfaction was merely 'subjective disappointment.'

GLP-1 uptake boosts Hershey's mint and gum sales
business5 months ago

GLP-1 uptake boosts Hershey's mint and gum sales

Hershey CEO Kirk Tanner said Ice Breakers mints and gum benefited from the growing adoption of GLP-1 drugs, with Ice Breakers sales rising over 8% in Q1 and overall quarterly revenue up more than 10%. While some GLP-1 users report halitosis, Ozempic breath is not an official side effect and dry mouth is a noted issue; the trend mirrors boosts in premium snacks at Lindt and Magnum as GLP-1 adoption reshapes snacking.

Reese's founder's grandson accuses Hershey of diluting the iconic recipe
business7 months ago

Reese's founder's grandson accuses Hershey of diluting the iconic recipe

Brad Reese, the inventor's grandson, accuses Hershey of replacing milk chocolate with compound coatings and peanut butter with creme across Reese's products, threatening brand trust. Hershey says the changes are recipe adjustments to support innovations while preserving the core chocolate-and-peanut-butter balance. The dispute references new heart-shaped Minis, European variants, FDA labeling rules, and price pressures that influence formulations.

Hershey Announces Price Increase for Chocolate
business1 year ago

Hershey Announces Price Increase for Chocolate

Hershey is increasing the prices of its chocolate products by a 'lower double-digit' percentage due to soaring cocoa costs, which have risen significantly in 2024 driven by climate change impacts on cocoa-producing regions. The company also plans to implement 'shrinkflation' by reducing package sizes to manage costs without directly raising prices. Other chocolate makers like Lindt are also raising prices amid high cocoa prices.

Hershey to Increase Chocolate Prices Amid Rising Cocoa Costs
business1 year ago

Hershey to Increase Chocolate Prices Amid Rising Cocoa Costs

Hershey is raising the prices of its chocolate products by a 'lower double-digit' percentage due to soaring cocoa costs, which have increased significantly in 2024 because of poor harvests in cocoa-producing regions affected by climate change. The company also plans to implement 'shrinkflation' by reducing package sizes to manage costs without directly raising prices. Other chocolate companies like Lindt are also experiencing similar price hikes.