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Hershey Warns Consumer Financial Stress Could Weigh on Halloween Sales
The candy maker said shoppers are under strain as September US candy, gum and mint sales fell nearly 5% from a year earlier.
Summary by fooddive.com
9 Articles
9 Articles
Hershey warns Americans squeezed by gas prices are buying less candy—and Halloween’s final days are ‘really critical’
Candy sales at convenience stores fell 5% in September, and Hershey’s exec says the company now needs consumers to “show up” in the last days before Halloween.
Halloween Candy Prices Have Jumped Over 70% In Five Years. Hershey's Says Shoppers Are Cutting Back.
Americans are expected to spend a record $13.5 billion celebrating Halloween this year, but surveys show some households are cutting costs elsewhere.
Hershey warns rising living costs may spook Halloween shoppers
The manufacturer, who sees more cautious consumers in the face of inflation and high fuel prices, is worried about their sales in convenience stores.
Coverage Details
Total News Sources9
Leaning Left2Leaning Right0Center5Last Updated71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
Factuality
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