Monday, August 22, 2022

The Hershey Company Can't Meet Demand For Halloween Candy


The Hershey Company, makers of chocolate-- and other-- candies, recently said it won’t be able to meet the demand for its Halloween-themed candy this fall. Hershey CEO Michele Buck noted that fact in prepared remarks about the company's second-quarter results issued July 28th. Buck simply stated "We will not be able to fully meet consumer demand" in referring to the October holiday.

What is the problem, you ask? Consumers are demanding more regular and Halloween-themed candy than Hershey can make, at least right now. As was the case with certain other consumer goods, demand for sweets surged during the pandemic. And that demand has remained high. Moreover, interest in all things Halloween seems to be at an all-time high, as well. This, coupled with ever-worsening supply chain issues, has forced Hershey to make some production sacrifices. Like many other manufacturers, they've been forced to reduce production of certain less popular items or cut them out altogether.

Biden administration policy decisions are resulting in skyrocketing inflation. Food processing plants are burning down or otherwise being taken out of commission nearly every week in America. Retailers and other businesses are being forced to close formerly profitable stores due to out-of-control theft and the threat of violence against their employees and customers.

Many who voted for Biden now feel tricked. Almost no one, other than a handful of elites, has gotten a treat.

If these trends continue much longer, our descendants won’t have a ghost of a chance to lead relatively safe, fulfilling, and productive lives.

And that is truly scary.

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