Skip to Content

Listen to the Joystiq Podcast (because your ears can't read)

Posts with tag Hershey

A free Kiss beats a truffle

Filed under: Bargains, Food, Shopping

Valentine's Day is a long three months away, but what would you rather have: the American classic Hershey's Kiss or the Swedish treat, a Lindt chocolate truffle?

For my money, I'd rather have a chocolate truffle. But if price is an issue, then a Hershey's Kiss chocolate will still satisfy my sweet tooth.

But in an experiment on consumer psychology, a group called Research and Markets in Dublin, Ireland, found that more people wanted a free Kiss over a discounted truffle, but chose the truffle over the Kiss when the Hershey chocolate cost a penny and the Lindt truffle cost 14 cents. In other words, they took free stuff over a more costly item, but when both items cost some amount of money, even 1 cent vs. 14 cents, they picked the more expensive item.

Soylent brown? Hershey and Nestle are serving up fake chocolate!

Filed under: Extracurriculars, Food, Ripoffs and Scams, Simplification, Technology

I love to eat, but I hate to eat poison. As obvious as that statement may be, it has completely changed my life over the last few years. Because of it, I have found myself obsessively reading labels, researching bizarre ingredients, and generally transforming food shopping into a hellish odyssey of doubletalk and desperation.

Because of that short sentence, I have had to cut out most junk food, many prepared sauces (including ketchup), and an amazing array of things that I once considered staples. I no longer eat Big Macs, Welch's jelly, Coca Cola, most Pepperidge farm breads or Claussen's pickles. In short, my quest to avoid high fructose corn syrup (HFCS), partially hydrogenated oils, and other industrial ingredients has completely changed the way I eat.

This isn't to say that I'm a total health food junkie. Actually, I have a major sweet tooth and have to be physically restrained if candy bars, premium dark chocolate, or butter pecan ice cream are in the room. Even these luxuries, however, are becoming infiltrated by the forces of fake food. A recent article on ABC News noted that major candy companies, including Hershey's and Nestle, are increasingly substituting cheap vegetable oils for cocoa butter in many of their chocolate bars. While the manufacturers claim that this doesn't affect the flavor of their products, many consumers disagree, and some have described the products as "waxy and artificial."

Getting your chocolate fix just got more expensive

Filed under: Food

Late last week, Hershey hiked its prices, saying that it had to do so because of significant increases in the cost of cocoa, corn sweeteners, sugar, and peanuts. The wholesale prices are an average of 10% higher, and it's almost inevitable that consumers will pay the toll soon when they buy candy at the grocery store.

The prices on the ingredients responsible for the hike have gone up between 20% and 45% since the beginning of 2008, says a company representative. That is huge. Imagine running a business and having your cost to produce your good or service increase that dramatically, almost overnight!

The good news in all of this? You just might be tempted to avoid that candy bar based up on the price. Maybe you'll even decide to have a healthier snack in its place. Although based upon increase in food prices across the board, you probably won't find much health food at cheap pricees in the grocery store. Maybe you should take your money, go buy some seeds, and plant a garden instead!

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

Premium M&Ms: Affordable luxury or candy-coated blasphemy?

Filed under: Extracurriculars, Food, Technology, Relationships

One of the sacred memories of an American childhood is going upscale. M&Ms, those much-loved candy-coated bits of chocolate that could salve any ouchie, are now going premium, which means fancier coatings, fancier flavors, fancier packaging...all at a much fancier price. Why? Blame it on the fancy chocolate market.

My wife is a premium chocolate junkie, which means that, in the eight or so years that we've been together, I've learned more than I ever thought possible about chocolate. I have absorbed information about chocolate liqueur, cacao percentage, cocoa mass, cocoa solids, country of origin, and all the other variables that separate the Dagoba from the Valhrona, the Scharffen-Berger from the Hershey's and the top-of-the-line from the bottom of the barrel.

Personally, though, my tastes have always tended toward the more proletarian. While I appreciate the occasional bar of 72% cocoa solids, dark Belgian chocolate, I still get a big kick out of a couple of Reese's cups, a packet of Kit-Kats, or a handful of kisses. Most of all, like millions of other Americans, I have a big, warm, candy-coated spot in my heart for M&Ms.

Over the years, M&Ms have gone through quite a few transformations. Originally given to soldiers in World War II, the peanut and chocolate candies with a hard shell were later joined by solid chocolate, almond (1988), peanut butter (1990), dark chocolate (2005), and crisped-rice (1998-2005) candies. They have been mixed with a variety of flavorings, super-sized, and even shrunk to miniatures.