Nestlé, Mondelēz, Hershey – Confectionery giants deal with price hikes
What are confectionery brands doing about the cocoa crisis – Quick summary Mondelēz may reduce prices or shrink product sizes to stay competitive Hershey keeps prices high in premium markets despite falling net income Nestlé uses price hikes and job cuts to boost growth All three brands explore cost-saving strategies like automation and agility Cocoa … Read more