Just a day after Starbucks announced it was raising prices to keep up with the cost of labor and materials, Hershey has announced it will raise prices for its chocolate bars in 2022.
The chocolatier said the price hikes are doing to the rising cost of labor and ingredients.
Hershey reports net sales for all its brands are up 10% over the past year.
Hershey says customer loyalty will will continue even if buying a candy bar costs a little more.
Photo from Alpha Media USA Portland OR