The American confectionery industry is looking forward to increasing sales this Halloween after a survey revealed 98% of Americans will be offering treats to young visitors knocking at their doors.
While recent price hikes may be reinforcing sales of Hershey’s confections and snacks, they are taking a toll on how much consumers buy – a dynamic compounded by inventory constraints and promotional shifts that executives optimistically project will...
While consumer spending on groceries has yet to dramatically slow in the face of rising prices to offset inflation, some CPG companies – including Hershey – are bracing for an eventual pushback, even as they continue to pass additional costs through to...
Spending on Halloween candy is predicted to rebound to an all time high this year after the pandemic frightened away most trick-or-treaters and celebrants last year – causing sales to slump to a five-year low, according to industry research.
The COVID-19 pandemic has kept American consumers in – or close to – the home for most of the year. Now with weeks until Halloween - one of the biggest sales drivers for the chocolate, candy, gum and mints industry - families are preparing for scaled...
One in three US households with kids that sent them out trick or treating last year will not be doing so this Halloween due to COVID-19, according to an IRI survey of primary grocery shoppers.
Halloween candy sales in the US may reach record levels despite an expected drop in trick-or-treating as more Americans shop for candy online and celebrate over the weekend.
Halloween is one of the top holiday in terms of volume
sales for confectioners, as consumers will spend more than $2.1bn
(€1.5bn) on chocolate and sweets later this month in the US alone,
states a new report.