Skip to content
Search
AI Powered
Human content, AI powered search.
Latest Stories

Hershey restructure's Europe unit as standalone business

Hershey restructure's Europe unit as standalone business
The Hershey Company chocolate factory in downtown Hershey, Pennsylvania, US (Photo: iStock)
Kiran Paul
By Kiran PaulJan 13, 2023
Kiran Paul
See Full Bio

The Hershey Company has announced changes to its International business, which will see its Europe business, led by Jackson Hitchon, becomes a standalone business.

Elsewhere, Herjit Bhalla is elevated as Vice President Canada & AMEA, taking on the Canada business, in addition to his current leadership in Asia-Pacific, Middle East and Africa (AMEA).

Both Bhalla and Hitchon report directly to Rohit Grover, President, International of the Hershey Company. These changes took effect on Jan. 1.

The company said the decision to make Europe a standalone business recognises the significant growth potential of the region, and allows for focus on continuing the growth strategy in the UK and establishing Germany as a key market for The Hershey Company.

Hitchon, instrumental in the success of the Europe business to date, will continue to lead Europe as general manager.

Hershey Canada is the biggest international market for the Hershey Company, and Bhalla, who has led Hershey India for the last five years, doubling the India business, will be playing a significant role in powering Hershey Canada’s growth strategy, the company said.

“The Hershey Company’s international footprint is growing in exciting ways,” Rohit Grover said.

“Herjit’s appointment as VP of Canada in addition to his current leadership of AMEA speaks to our confidence in his ability to lead our ambitions in these critical markets. He will serve our people and our company with the qualities The Hershey Company is known for – experience, expertise and leadership that delivers robust, profitable growth and competitive share gains.

“I am also delighted to recognise the success of the Europe business under Jackson Hitchon and am confident with a focus on key markets in Europe, will allow us to realise our potential in the region.”

Hershey International has seen significant expansion over the last year, with the segment’s operating income for the third-quarter 2022 increasing by 81 per cent versus the same period in the previous year to $35.4 million (£29m).

herjit bhallahersheyjackson hitchonthe hershey company

Related News

Food and drink giants under pressure to act on public health
Editorial

Food and drink giants under pressure to act on public health

Freight crime cost over £680 million
Industry News

Freight crime cost over £680 million

More for you

Volumatic welcomes new FCA rules safeguarding access to cash

Volumatic welcomes new FCA rules safeguarding access to cash

As industry leaders is cash handling, Volumatic has long supported the use of cash and the importance of maintaining access to cash for both consumers and businesses. The company recognises the importance of the new set of rules created by the Financial Conduct Authority (FCA) two months ago, to safeguard access to cash for businesses and consumers across the UK.

Since introduction, the new rules are intended to ensure that individuals and businesses who rely on cash can continue to access it and the outcome has already sparked the creation of 15 new banking hubs across the UK, including one in Scotland, with many more to follow.

Keep ReadingShow less
Jisp unveils new NPD service

Jisp unveils new NPD service

Retail technology company Jisp has launched an NPD service as part of its new Direct to Retailer business unit.

The new NPD service will allow brands to launch or trial new products in a guaranteed number of convenience store locations, with on the ground review of execution by Jisp’s retail growth manager team, and performance data and insights deliverable through its scanning technology and back-office systems.

Keep ReadingShow less
Tesco launches price cuts in Express convenience stores
File image of Tesco Express

Tesco launches price cuts in Express convenience stores

Tesco is slashing the price of more than 222 own-brand and branded products in its Express convenience stores.

Essentials including milk, bread, pasta and coffee are included in the lines which have been reduced in price by an average of more than 10 per cent at Tesco Express stores. The retail giant has made more than 2,800 price cuts across stores in recent months. With 2,048 of convenience stores at the end of the 2023-24 financial year, Tesco aims to benefit hundreds of thousands of customers from the cheaper deals.

Keep ReadingShow less
vape and cigarette
Photo: iStock

One in five ex-smokers in England now vape, study finds


Summary
1. One in five people who have successfully quit smoking in England currently vape, with an estimated 2.2 million individuals using e-cigarettes as a smoking cessation tool.
2. The increase in vaping among ex-smokers is largely driven by the use of e-cigarettes in quit attempts, with a rise in vaping uptake among people who had previously quit smoking for many years before taking up vaping.
3. While vaping may be a less harmful option compared to smoking, there are concerns about the potential long-term implications of vaping on relapse risk and nicotine addiction. Further research is needed to assess the impact of vaping on smoking cessation outcomes.


Keep ReadingShow less
Bira engages with Treasury on Budget fallout, business rate reform
(Photo by Christopher Furlong/Getty Images)
Getty Images

Bira engages with Treasury on Budget fallout, business rate reform

Independent retailers association Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.

The Budget, labelled by Bira as "devastating" for independent retailers, was met with widespread indignation from Bira members.

Keep ReadingShow less