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Among the items expected to increase in price are Hershey Kisses, KitKat, Reese’s and York Peppermint Patties. Hershey’s says price increases typically take around 90 days to take effect.
The Hershey Company has confirmed it plans to raise prices across its portfolio, blaming the increase on the rising costs of ingredients, and particularly cocoa.
Hershey isn’t the only chocolate maker potentially rising prices as Swiss food giant Nestle said on July 24 that its costs could rise in the second half of the year, according to CNBC.
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 ...
The Hershey Company has confirmed it plans to raise prices across its portfolio, blaming the increase on the rising costs of ingredients, and particularly cocoa.
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.
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