OnDemand WTP Pricing Research

Tag: Chocolate Pricing

Hershey raises prices on candy bars, Halloween candy is next | MarketWatch

Hershey raises prices on candy bars, Halloween candy is next | MarketWatch

The Hershey Co. is raising prices on its candy bars, and says Halloween candy is next on the list. The previously announced price hikes, which affect a wide variety of merchandise, are expected to impact about 20% of Hershey HSY, -1.20%   portfolio. “The price increase we announced last summer remains on track, and the […]

Hershey Stock Has 1 Less Bear on the Street as Candy Prices Rise | Barron’s

Hershey Stock Has 1 Less Bear on the Street as Candy Prices Rise | Barron’s

Buy Hershey candy, but not the stock. That is the overwhelming consensus of Wall Street. Less than 20% of analysts covering the iconic candy company rate the shares a Buy, far lower than the 55% average for stocks in the Dow Jones Industrial Average. Still, Hershey (ticker: HSY) stock rose about 3% on Wednesday after […]

Food and beverage makers look to chocolate as premiumization trend grows | Food Dive

Food and beverage makers look to chocolate as premiumization trend grows | Food Dive

Dive Brief: Jared Koerten, a Euromonitor senior food analyst, sees premiumization as “a characteristic, trait or feature of a product that elevates consumer perception, creating a willingness to pay more,” Bakery and Snacks reported. Premiumization also conveys a commitment to the time and investment it takes to achieve premium product status for a brand such as Godiva or Lindt […]

The ‘green’ consumer has moved from fringe to mainstream, says Fair Trade USA | Confectionery News

The ‘green’ consumer has moved from fringe to mainstream, says Fair Trade USA | Confectionery News

Be clean, be green – and give back Premium chocolate has snagged an outsized role in recent years, as consumers show an increasing willingness to pay more for higher quality products – especially from producers that highlight their commitment to communities and sustainability. Clean-label chocolate in particular, which boasts simple ingredient lists free from artificial […]

P&G shares surge on strong results, higher product prices | Reuters

P&G shares surge on strong results, higher product prices | Reuters

The maker of Tide detergent and Oral-B toothpaste had told retailers during the quarter it planned to raise prices on “several products” in U.S. home care, oral care and personal care, Chief Financial Officer Jon Moeller said on a call to discuss earnings. On Thursday, Nestle (NESN.S) and Unilever (ULVR.L),< UNc.AS>, two of the world’s […]

Nestle plans to boost hiring in the US, price hikes possible | Fox Business

Nestle plans to boost hiring in the US, price hikes possible | Fox Business

Steve Presley, Nestle USA CEO, said on FOX Business’ “Mornings with Maria” that job creation will include positions at the new headquarters in Arlington County as well as production facilities in the commonwealth. “We’ll have almost 2,000 employees in the state of Virginia between our corporate headquarters and our two factories,” he said. “There will […]

P&G, Nestle, Unilever forgo price increases to move product | Reuters

P&G, Nestle, Unilever forgo price increases to move product | Reuters

WANING PRICING POWER? Consumer goods makers and retailers are always in complex negotiations around pricing and promotions to suit their ambitions. If a manufacturer wants to take market share, it might discount; alternately, it may seek price increases to boost margins. Russ Mould, investment director at AJ Bell, said trends suggested Unilever and some of […]

Ghana-Ivory Coast in strategic pact to tackle falling cocoa prices | GhanaWeb

Ghana-Ivory Coast in strategic pact to tackle falling cocoa prices | GhanaWeb

Ghana and Ivory Coast have teamed up in a strategic alliance to tackle falling prices of cocoa on the World Market. This was revealed at the Ghana-Cote d’Ivoire Joint Commission in a statement read by the CEO of Cocobod Joseph Boahen Aidoo, MyNewsGh.com covered. “The essence of this continuous dialogue cannot be overemphasized considering the […]

Nestle in Talks to End Supermarket Row as Pricing Pressures Build | US News

Nestle in Talks to End Supermarket Row as Pricing Pressures Build | US News

The spat is the latest sign of tension between retailers and suppliers. Manufacturers like Nestle, Unilever and Procter & Gamble are grappling with changing consumer tastes towards healthier food and independent brands. They try to offset that by selling more higher-priced items, but the retailers are reluctant to put up prices as they face their […]

Willy Wonka Strategy: World’s Top Cocoa Producers Strategize to Influence World Prices | Frontera

Willy Wonka Strategy: World’s Top Cocoa Producers Strategize to Influence World Prices | Frontera

According to the International Cocoa Organization (ICCO), the industry has a global surplus of 371,000 tons of the agricultural commodity (DBA) this season. Ivory Coast alone is on track to produce a record 2 million tons of cocoa this year. According to Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture, the decline in the price […]