SkinnyPop

Hyper-Growth Dog Food Company, Jinx, Secures Series B Financing for Explosive Retail Business Expansion and Innovation Investments

Retrieved on: 
Thursday, August 17, 2023

Launched in 2020 and moving into its second year of retail, Jinx has successfully completed its Series B fundraise.

Key Points: 
  • Launched in 2020 and moving into its second year of retail, Jinx has successfully completed its Series B fundraise.
  • Led by The Merchant Club and Align Ventures, the company secured $17.85M in financing to focus on continued growth and distribution in key retail channels.
  • View the full release here: https://www.businesswire.com/news/home/20230817382188/en/
    Hyper-growth dog food company, Jinx, secures Series B financing for explosive retail business expansion and innovation investments (Photo: Business Wire)
    “After leading the Series A, The Merchant Club is pleased to announce a subsequent strategic investment in Jinx as the lead investor of this Series B,” states Laurent Ghouzi, Founding Partner at The Merchant Club.
  • They are using the Series B capital to invest in further expansion across Mass Retail, Grocery, and eCommerce.

Hershey to Acquire Two Manufacturing Facilities from Weaver Popcorn Manufacturing

Retrieved on: 
Monday, April 17, 2023

HERSHEY, Pa., April 17, 2023 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced it has entered into a definitive agreement to acquire two manufacturing plants from Weaver Popcorn Manufacturing, a recognized leader in popcorn production and co-packing, and a co-manufacturer of Hershey's SkinnyPop brand. Through the deal, Hershey will acquire Weaver's operations in Bethlehem, Pennsylvania and Whitestown, Indiana.

Key Points: 
  • HERSHEY, Pa., April 17, 2023 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced it has entered into a definitive agreement to acquire two manufacturing plants from Weaver Popcorn Manufacturing , a recognized leader in popcorn production and co-packing, and a co-manufacturer of Hershey's SkinnyPop brand.
  • "In fact, SkinnyPop has been number one in retail sales growth for ready-to-eat popcorn over the last three years."
  • Like Hershey, Weaver has a strong manufacturing heritage, tracing its roots back nearly a century.
  • "Hershey is acquiring two best-in-class popcorn manufacturing operations that will enable continued growth in volume and quality, with teams at each location that have an unrivaled expertise."

Hershey Adds Extra Delight to the Most Popular Holiday Traditions with a Sweet Candy Pairing Guide

Retrieved on: 
Monday, December 12, 2022

HERSHEY, Pa., Dec. 12, 2022 /PRNewswire/ -- Hershey knows the holidays are a special time of year for making extra sweet memories with loved ones whether that is enjoying your favorite holiday treat with HERSHEY'S KISSES on top or going to look at holiday lights. In fact, according to a new survey from Hershey conducted with OnePoll*, a majority of people agree that it is important to celebrate traditions around the holiday season. To make all those cherished, sacred traditions just a little bit sweeter this season, Hershey created a special candy pairing guide designed to perfectly match one of its delicious holiday offerings with the most popular traditions unveiled in their recent survey. The guide features seasonal favorites like HERSHEY'S KISSES wrapped in festive foils and Reese's Trees, as well as new products like HERSHEY'S Holiday Bars.

Key Points: 
  • In fact, according to a new survey from Hershey conducted with OnePoll*, a majority of people agree that it is important to celebrate traditions around the holiday season.
  • To make all those cherished, sacred traditions just a little bit sweeter this season, Hershey created a special candy pairing guide designed to perfectly match one of its delicious holiday offerings with the most popular traditions unveiled in their recent survey.
  • The guide features seasonal favorites like HERSHEY'S KISSESwrapped in festive foils and Reese's Trees, as well as new products like HERSHEY'S Holiday Bars.
  • Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

Hershey's First Bilingual U.S. Plant Drives Powerful Results

Retrieved on: 
Wednesday, December 7, 2022

HERSHEY, Pa., Dec. 7, 2022 /PRNewswire/ -- The Hershey Company (NYSE:HSY) announced today its first bilingual manufacturing facility. Through the launch of the company's 'Say Hola' initiative, the Hershey plant in Hazleton, Pennsylvania now seamlessly integrates both Spanish and English-speaking employees. The transformation evolves Hershey's employee experience and ensures a work environment that's accessible and equitable. In place for nearly one year, the program has enabled hiring of a more experienced workforce, improved retention and reduced recruitment costs. 'Say Hola' further advances Hershey's commitments to its communities while underscoring enterprise-wide DEI priorities, career development programs and enhanced care systems and rewards for employees.

Key Points: 
  • Investment in U.S. Manufacturing Results in Highly Qualified Employees, Improved Retention and Equity
    HERSHEY, Pa., Dec. 7, 2022 /PRNewswire/ -- The Hershey Company (NYSE:HSY)announced today its first bilingual manufacturing facility.
  • Through the launch of the company's 'Say Hola' initiative, the Hershey plant in Hazleton, Pennsylvania now seamlessly integrates both Spanish and English-speaking employees.
  • The community's enthusiasm about the transformation to a bilingual plant and word-of-mouth awareness has also reduced recruitment costs.
  • Hershey founder, Milton Hershey, created Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

Hershey reduces environmental impact across its value chain

Retrieved on: 
Thursday, November 17, 2022

HERSHEY, Pa., Nov. 17, 2022 /PRNewswire/ -- The Hershey Company (NYSE:HSY) is making measurable progress on its commitment to act on climate change. Recent initiatives include the launch of a third utility-scale solar project, energy and water optimization investments and continued progress addressing land use change. As stated in its 2021 ESG (Environmental, Social and Governance) Report, the candy and snack maker reduced its Scope 1 and 2 emissions by 48 percent and Scope 3 emissions by 18 percent against a 2018 baseline. As part of its science-based targets, Hershey aims to reduce Scope 1 and 2 emissions by 50 percent and Scope 3 by 25 percent by 2030.

Key Points: 
  • HERSHEY, Pa., Nov. 17, 2022 /PRNewswire/ -- The Hershey Company (NYSE:HSY) is making measurable progress on its commitment to act on climate change.
  • "The impact of these three solar projects will be equal to taking nearly 79,000* gas-powered vehicles off the road per year."
  • Across its value chain, Hershey is extending its expertise and working with partners for the long-term success and resiliency of those reliant on its business and for the next generation.
  • Hershey founder, Milton Hershey, created Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

Hershey's Holiday Lineup Will Add Extra Sweetness to Your Traditions This Season

Retrieved on: 
Thursday, November 17, 2022

HERSHEY, Pa., Nov. 17, 2022 /PRNewswire/ -- 'Tis the season to bring back our most beloved holiday traditions and make sweet new memories with Hershey! Whether it's baking Peanut Butter Blossoms with loved ones, sipping a warm cup of hot chocolate by the fire, or finding just the right treat to bring to the party, Hershey's holiday products help complete the season. With classic favorites including festive HERSHEY'S KISSES chocolates and Reese's Peanut Butter Trees returning once again, and brand-new treats like HERSHEY'S Hot Chocolate Bombs on shelves this year, the company is adding sweet delights to the season. 

Key Points: 
  • These hot chocolate bombs are the perfect cozy companion to sip on as you wrap holiday gifts and a great stocking stuffer to boot!
  • To spread even more holiday cheer, Dr. Seuss's The Grinchand The Hershey Company are partnering once again to add magic to the season with Grinch-themed HERSHEY'S KISSESproducts.
  • HERSHEY'S Milk Chocolate Hot Chocolate Bomb: Making a warm cup of hot chocolate with the first-ever HERSHEY'S Milk Chocolate Hot Chocolate Bomb is the perfect ritual to introduce to your family this holiday season.
  • HERSHEY'S Milk Chocolate Holiday Bars: HERSHEY'S Milk Chocolate Holiday Bars feature 24 different seasonal images on its iconic pips including wreaths, stockings, snowflakes, stars, ornaments, and more.

Protect Your Reese's Candy This Halloween with the Reese's Secret Stash Trick-or-Treat Bag

Retrieved on: 
Wednesday, October 19, 2022

HERSHEY, Pa., Oct. 19, 2022 /PRNewswire/ -- We all know that the Reese's brand is the number one Halloween candy brand – we mean duh – so it's no surprise Halloween Reese's Peanut Butter treats are the first to be taken or wanted in a trade from trick-or-treaters' hard-earned bag of candy.

Key Points: 
  • Thanks to the first-ever Reese's Secret Stash Trick-or-Treat Bag, people can now hide their most coveted Halloween candy, Reese's naturally, away from prying eyes and hands in a secret compartment.
  • "So, we decided it's time to help you keep those number one treats for yourself with the Reese's Secret Stash Trick-or-Treat bag that has a secret compartment for those precious chocolate and peanut butter treats."
  • Once out of sight from envious family and friends, unzip the bottom flap to access the best stash ever.
  • Just go Shop.Hersheys.com to purchase your 9.6oz bag of Reese's Peanut Butter Snack Sized Ghosts, Bats & Pumpkins,and gettheReese'sSecret Stash Trick-or-Treat Bag for free!

No Need to Fear This Halloween…The Never-Ending KIT KAT® Trick-or-Treat Bowl is Here

Retrieved on: 
Wednesday, October 12, 2022

HERSHEY, Pa., Oct. 12, 2022 /PRNewswire/ -- That's right, the KIT KAT® brand is bringing a trick-or-treat bowl that never ends to fans this Halloween.  There's not much worse than walking up to a house on Trick-or-Treat night and seeing those dreaded "Please Take One" signs…especially when it's your favorite candy, KIT KAT® Bars.

Key Points: 
  • KIT KAT has devised a way to say "Take All You Want" by sharing this enchanted first-ever trick-or-treat bowl that never ends.
  • That's right grab a handful of KIT KAT treats and watch as more appear right before your very eyes!
  • "We prefer more treats than tricks here on the KIT KAT team, so we decided it's time this Halloween season to show what's up our sleeve," said Alex Herzog, associate brand manager of KIT KAT.
  • "No one wants to see that disappointed face at the trick-or-treat bowl, so KIT KAT conjured up a special bowl to have never-ending KIT KAT bars...literally, nothing could be better."

Parallaxes Capital Management Highlights the Previously Terminated TRA of a Leading Snack Brand Company

Retrieved on: 
Thursday, September 29, 2022

NEW YORK, Sept. 29, 2022 /PRNewswire/ -- Parallaxes Capital Management ("Parallaxes") is an alternative asset manager and, since 2017, has raised four funds dedicated to Tax Receivable Agreements ("TRAs").

Key Points: 
  • NEW YORK, Sept. 29, 2022 /PRNewswire/ -- Parallaxes Capital Management ("Parallaxes") is an alternative asset manager and, since 2017, has raised four funds dedicated to Tax Receivable Agreements ("TRAs").
  • In the vein of creating greater visibility into the TRA ecosystem, Parallaxes is pleased to share a notable development in the market as Amplify Snack Brands, Inc. ("Amplify") previously terminated its TRA.
  • Parallaxes Capital Management ("Parallaxes") is the premier investment firm focused exclusively on monetizing Tax Receivable Agreements ("TRAs").
  • Parallaxes offers private equity sponsors, co-investors and management team members solutions to achieve liquidity, diversification and optionality from their TRAs.

New Reese's Big Cup Stuffed with Reese's Puffs Cereal is The Epic Collab Everyone Needs

Retrieved on: 
Thursday, September 29, 2022

HERSHEY, Pa., Sept. 29, 2022 /PRNewswire/ -- True success is self-made, which is why Reese's looked within for its latest collaboration. Introducing: Reese's Big Cup Stuffed with Reese's Puffs cereal.

Key Points: 
  • Introducing: Reese's Big Cup Stuffed with Reese's Puffs cereal.
  • The classic combination of peanut butter and chocolate collides with fan-favorite Reese's Puffs cereal creating an absurdly unique Reese's experience.
  • "We're taking chocolate and peanut butter fandom to a new stratosphere by adding Reese's Puffs cereal to our Reese's Big Cup."
  • Fans can grab the new Reese's Big Cups Stuffed with Reese's Puffs cereal nationwide starting in November.