Hershey Hikes Candy Prices 11 Percent
Well, we’ve been saying it would be more honest to just raise prices instead of shrinking the product, and Hershey has taken us up on that. On Friday, only months after a 13% hike back in February, Hershey announced a price increase of 10-11% across the product line, citing higher costs for ingredients.
In addition to the classic Hershey’s chocolate bar, Hershey makes Kisses, Reese’s Cups, Whoppers, Mounds and Almond Joy, Rolo, York Peppermint Pattie, Mr. Goodbar, Payday, Kit Kat, Heath, 5th Avenue, and some Cadbury products.
“Hershey boosts prices as commodities cost more” [MarketWatch]
(Photo: Getty)
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