Snacks & Candy

Snacks and candy category news for the convenience store retail industry.

Potato chip sales jump with recession, but growth expected to taper off with recovery

CHICAGO -- A new report from market research firm Mintel shows that after years of mediocre sales increases, the potato chip market grew 22% during the economic downturn. Sales increases compare 2007 market data against Mintel's market estimate for full-year 2009. In addition, other salty snacks...

U.K. panel gives U.S. food co. until Nov. 9 to make binding offer for candy maker

LONDON -- Kraft Foods Inc. has six weeks to make a binding offer to buy British candy maker Cadbury PLC or else walk away for at least six months, Britain's mergers and acquisitions regulator said Wednesday, according to an Associated Press report. The so-called 'put up or shut up' request comes...

Frightful economy expected to scare down holiday spending

WASHINGTON -- Consumers are expected to spend an average of $56.31 on Halloween this year, down from $66.54 last year, according to the National Retail Federation's 2009 Halloween Consumer Intentions & Actions Survey, conducted by BIGresearch. Total spending on the holiday is expected to reach...

Paper says U.S. food company preparing $17.45 billion offer for U.K. candy maker
Stitzer "does not believe that Kraft's proposal makes strategic or financial sense".
Stitzer: Deal makes "some strategic sense".
Responding to report, company says no divestitures needed to raise financing
Cadbury defends rejection of Kraft bid in open letter
Most retailers predict merger would have little effect on c-store channel
World Dairy Expo contest honors retailer's ice cream.