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https://en.wikipedia.org/wiki/Category:The_Hershey_Company_brands
Today im going to give you all an insight into hersheys company, its growth and
progress, its expansions and csr obligations to its society and its investors
The Hershey Company, known until April 2005 as the Hershey Foods
Corporation] and commonly called Hershey's, is the largest chocolate
manufacturer in North America and increasingly elsewhere throughout the
world. Its headquarters are in Hershey, Pennsylvania, which is also home
to Hershey's Chocolate World. It was founded by Milton S. Hershey in 1894 as the
Hershey Chocolate Company. Operating under 80 chocolate brand names.
The company ranks no.376 on the latest list. The company grew revenue and
profits by 3 percent, according to the list, and has produced a 26 percent return
to investors over the last five years.
Hershey is expanding its global distribution of these brands as part of the
companys ambitious global growth vision to achieve $10 billion in annual
revenue by 2017. Working towards this. The company has invested $250 million
USD in State-of-the-Art Technology automated candy-making technology in
Malaysia, biggest investment in Asia. This includes the companys Project Next
Century, a $300 million investment in its manufacturing and logistics, which
culminated with the opening of the worlds most technologically advanced
chocolate making facility in the companys hometown of Hershey, Pa.
Has sales exceeding over $7.4 billion in annual revenues.
CSR
support important local causes including educational programs for children and
disaster relief efforts. Milton Hershey School, established in 1909 by the
company's founder and funded by a trust administered by Hershey Trust
Company, provides a quality education, housing, and medical care at no cost to
children in social and financial need.
INNOVATIONs:
HERSHEYS KISSES DELUXE Chocolates Help Consumers Say More -By
reimagining HERSHEYS KISSES Chocolates, the brand meets consumer demand
for a more expressive gifting chocolate and was inspired to help consumers Say
More this holiday season. The KISSES DELUXE Brand online survey by Wakefield
Research, September 2015* uncovered that a majority (85%) of Americans have
difficulty expressing their gratitude during holiday gatherings, and nearly three in
four (68%) struggle to find a holiday gift that accurately conveys how they feel.
Although were more connected than ever before, technology has become a
barrier to meaningful connection and communication
A five-year partnership with the United States Olympic Committee, and will
support the U.S. Olympic and Paralympic teams through the Rio 2016, Pyeong
Chang 2018 and Tokyo 2020 Games. Effective immediately, The Hershey
Company will serve as an official sponsor and the confectionery partner of Team
USA. sponsorship and promotional to be able utilize those rights in advertising,
on packaging, merchandising and more.
Patricia Little, Senior Vice President, Chief Financial Officer, will now
also be responsible for corporate development, mergers and
acquisitions. M&A will continue to be an important driver of Hersheys
future success.
We have put together a winning formula for retailers based on our best-in-class
consumer insights and shopper-first mindset. Priority No. 1 is getting the in-line
set correct followed by ensuring confection is present under the counter and in
secondary locations. Lastly, were recommending growing take-home package
type space take-home packtypes are growing at twice the category because
consumers are increasingly shopping smaller format stores for everyday items