Hershey raising chocolate prices by double-digits as cocoa costs soar: report
Chocolate lovers may soon experience some sticker shock. The Hershey Company is reportedly raising prices across its candy portfolio. Due to an "unprecedented" increase in the cost of cocoa, prices of the chocolate maker's products will rise by a percentage roughly in the double-digits, a Hershey spokesperson said Tuesday, according to Reuters.The increase accounts for both a higher list price and changes to the weight and amount of candy in its products' packaging, Bloomberg News reported. WENDY'S CEO STEP ...