Kraft Foods Inc. has agreed to sell its Artiach biscuits business in Spain to Panrico, a private equity firm, and the Balaton chocolate trademark in Hungary to Nestlé. The sales
Irene Rosenfeld, Kraft Foods Inc. ceo, announced to shareholders that the company will raise prices this year in order to protect its margins and profits. The company has seen a
In an effort to pump up confectionery sales in convenience stores, three key associations announced a new study during the All Candy Expo held in Chicago last month. Jim Corcoran,
According to a U.S. Securities and Exchange Commission filing by Wm. Wrigley Jr. Co., if William Wrigley Jr. resigns one year after the Mars deal closes, he will receive $19.7
Blissful chocolateThe Company: The Hershey Company, Hershey, Pa. The Product: Bliss Chocolate The Hook: Hershey’s celebrated the introduction of its bite-sized Bliss Chocolate by hosting 10,000 chocolate parties all over
It’s rather ironic in a way. Here’s the head of Nestlé chocolate operations telling the world that the company needs to increase its percentage of premium chocolate sales. Yet,
Gary Kroot, plant director of Mars Snackfood's Elizabethtown, Pa. plant, proudly stands behind a high-speed, high-volume moulding line producing Dove chocolates.
RCI Regional docks in BaltimoreFrom April 9-12, 2008, confectioners joined from around the country at the Retail Confectioners International Spring Regional event held in Baltimore, Md. And what better way
Cargill builds its first sugar refineryCargill has announced the construction of its first sugar refinery in the U.S. in order to follow the company’s plan to be a “one-stop sweetener
Tom Bowman joins The Warrell CorporationConfectionery and snack manufacturer, The Warrell Corporation, welcomes Tom Bowman as Pennsylvania Dutch Candies director of sales and marketing. Bowman will be responsible for marketing