Hershey's Is About To Start Selling Its First New Candy In 30 Years
The new caramel cream candy, called Lancaster, will premiere in U.S. stores in January, reports Susan Berfield at Bloomberg Businessweek.
The candy is named after the Lancaster Caramel Co., which Milton Hershey managed before he founded his famous brand, Berfield reports.
The candy has been available in China since May, according to a press release by the company.
"Lancaster products will compete with traditional candies in China's 'milk candy' confection category that account for one quarter of the total candy market in China," the company said in the release.
In addition to being the first new brand in 30 years, Lancaster candies are the first Hershey brand to launch outside the U.S., the company said.
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market