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Halloween is candy's biggest holiday. Here's how Snickers maker Mars prepares for trick-or-treaters - TL;DR CNBC

Halloween is candy's biggest holiday. Here's how Snickers maker Mars prepares for trick-or-treaters

Publishing timestamp: 2023-10-14 08:00:01


Summary

Halloween is a crucial time for candy makers like Mars, with consumers predicted to spend $3.6 billion on Halloween candy this year. Mars plans for Halloween two years in advance, collaborating with retailers to discuss trends and develop new products. This year, Mars is introducing Skittles Shriekers and partnering with goPuff for online candy shopping. Classic candies like Snickers remain popular, and Mars aims to capture consumer occasions throughout the Halloween season. The company has exceeded its production targets this year.


Sentiment: POSITIVE

Tickers: SBUXHSYMDLZ

Keywords: food and drinkbusiness newsbusinessmars acquisition corpmondelez international incretail industrystarbucks corphershey cobreaking news: business

Source: https://www.cnbc.com/2023/10/14/how-snickers-maker-mars-prepares-for-halloween-and-trick-or-treat.html


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