Hershey Warns of Candy Shortage Around Halloween, Report Says
Hershey Warns of Candy Shortage Around Halloween, Report Says
Supply chain issues have come for the candy diligence. According to Reuters, Hershey said it expects production to fall irritable of demand for the Halloween and Christmas holiday seasons this year.
Hershey lays part of the blame on scarcity of raw ingredients and difficulties fixing suppliers. Hershey Chief Executive Officer Michele Buck told Reuters that these delivers, paired with meeting the demands of the non-holiday conditions, will likely lead to a shortage.
The period approximately Halloween is Hershey’s busiest time of year, accounting for approximately 10% of the company’s annual sales, according to Reuters.
Supply chain delivers caused by events like the pandemic and the war in Ukraine have hurt moneys of cocoa, edible oil and other foods. Foods that could face a deficiency include popcorn and peaches, as well as condiments like mustard and sriracha sauce.
Hershey did not immediately respond to CNET’s expect for comment.