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Hersheys sacrifices due to coming new packing
25/11/2004 17:33

Gucci Go/Shanghai Daily news

A principal with the Sales Department of Hersheys Shanghai Office indicated that Hersheys chocolates would take on new packaging next year, explaining the recent sharp decline on the price of Hersheys chocolates, the Xinmin Evening Post reported yesterday.
The reduction of prices and the removal of Hersheys chocolates, including its crown products Kisses and Nuggets, from most large marketplaces has immediately given rise to rumors. 
One media spokesperson from outside Shanghai reported last week that Hersheys US would quit the Chinese market due to financial problems.  Its only stock in Nanjing, worth of 1 million yuan, would expire by the end of next February, they added.
However, one packet of 146 gram Kisses with an original price 19.5 yuan (US$ 2.3) now sells at 5.5 yuan (US$0.7), which is warmly welcomed by chocolate lovers in the city.