Snacks & Candy

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

Rival Cadbury bid fizzles, strengthening Kraft's position

LONDON & MILAN -- Italy's Ferrero has decided not to bid for Cadbury Plc, further strengthening the case of Kraft Foods in its $17 billion takeover bid for the British chocolatier, reported Reuters. A source close to the situation told the news agency that Ferrero would not proceed with a bid...

Kraft calls defense "underwhelming"

LONDON -- British candy maker Cadbury PLC on Tuesday stepped up its defense against a hostile takeover bid from Kraft Foods Inc. by announcing that full-year results will beat market expectations and pledging a 10% hike in dividend payments, reported the Associated Press. Cadbury said Kraft's $16.5...

Hanigan comes to candy maker from Mars Inc.

COLORADO SPRINGS, Colo. -- Impact Confections has announced the appointment of Jim Hanigan to the position of vice president of sales. In this role, Hanigan will be responsible for the global sales of the Impact Confections and Melster Candies product lines, including its extreme sour brand,...

Cadbury, Hershey talk; U.K. confectioner resisting Kraft hostile takeover bid
Says already offering to much; Nestle won't pursue confectioner.
Hershey may make its own offer
Furniture stores, apparel stores among nonfood retail outlets offering candy, more
Ten last-minute Christmas gifts in c-stores
Show will feature the Chocolatey Chunk Down Home Cookie as "Snack of the Day".
Austin was previously with Abbott, E A S, ConAgra, Kraft

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