Hershey 's is preparing for a downturn in trick-or-treatingcandy sales by extending theHalloween shopping season at stores like Albertson's.- The company relies on Halloween for 10% of their sales, according to CNN Business.
It might be the dog days of summer, but supermarkets are already stocking Halloween sweets.
Albertson's, which owns Safeway, is one of the first to make the move, by putting up Halloween displays in August rather than mid-September, according to CNN Business.
As the nation continues to deal with the COVID-19 pandemic, businesses are grappling with changes in consumer behavior.
Hershey's is anticipating a similar trend this Halloween. Social-distancing requirements, and a predicted second wave of cases this autumn, will likely deter trick-or-treating. In turn, Hershey's will be rolling out displays of candy earlier, in order to compensate for decreased doorstep demand, according to CNN Business. The company relies on Halloween for 10% of sales.
The choice certainly plays to Americans' quarantine diets: Many have turned to comfort food, including candy, throughout the pandemic. Sales of
Hershey global chief sales officer Phil Stanley told CNN Business that they'll also be cutting back on Halloween packaging to focus on candy that's consumed at home, rather than distributed on the front porch. So although Hershey's revealed a new lineup of Halloween candy, including Cookies N' Creme "Fangs" and "Vampire Kisses," which bleed strawberry creme, the special editions will take a backseat to traditional packaging.