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63°
Thursday, jun 4
Tag:
Kirk Tanner
Business
Oreo, Reese's Thrill Fans With New Crossover Snacks: When You Can Get Them
After years of hints, hacks, and wishful thinking, two of the country's most iconic snacks are making things official. Reese's Peanut Butter Cups and Oreo announced a long-awaited collaboration on Wednesday, July 30. Candy and cookie fans will soon enjoy two new products combining the widely popular chocolate and peanut butter treats. The Reese's Oreo Cup and the Oreo Reese's Cookie will have their "hard launch" on Tuesday, Sept. 2. "When we heard the incredible demand for a Reese's and Oreo mashup, we knew we had to make magic happen," said Dan Mohnshine, the vice president of US con…
Business
Hershey Raising Candy Prices By Double Digits: Here's Why
Hershey is significantly raising prices on candy products as global shortages fuel a large spike in cocoa costs. A spokesperson for The Hershey Company confirmed the double-digit price increases to the Daily Voice on Wednesday, July 23. The decision is tied to rising ingredient costs, not President Donald Trump's sweeping tariffs that have increased prices of other consumer goods. While the eastern Pennsylvania company said it will hike prices, Halloween candy won't be affected. "We're committed to delivering the treats consumers love while continuing to invest in making our products …
Business
CEO Leaving Fast Food Giant To Run Hershey's Chocolate: 'Once-In
-a-l
ifetime Opportunity'
The CEO of Wendy's is ditching hamburgers for chocolate as he agrees to be in charge of Hershey's. Kirk Tanner will take over as CEO of The Hershey Company on Monday, Aug. 18, the chocolate giant announced on Tuesday, July 8. The former PepsiCo executive will replace longtime leader Michele Buck, who will stay on in a senior advisory role during the transition. Tanner will leave his president and CEO position with Wendy's on Friday, July 18. "I am truly honored to be chosen as the next leader of a company I've long admired," Tanner said. "Throughout my career, I've remained …
Business
Wendy’s Begins Closures Of 140 Locations Nationwide
Wendy’s has started planned closures of 140 restaurants across the US. The closures are part of a strategic effort to streamline operations and focus on more profitable locations amid rising operational costs and stiff competition. Wendy’s CEO Kirk Tanner said the restaurant selected for closure are “outdated and located in underperforming areas,” according to CEO Today. The closures are expected to end by year's end. Two Ohio locations were among the first to close, according to the Dayton Daily News. Other locations of scheduled closures have not been released. Customers voiced frustr…