Tag: candy
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Christine Haughney, “When Economy Sours, Tootsie Rolls Soothe Souls,” The New York Times, March 24, 2009
The recession seems to have a sweet tooth, according to this New York Times reporter who discovered that many big candy makers are enjoying rising sales and surprising profits despite a sour economy. Haughney reports that that Cadbury had a 30 percent rise in profits for 2008, Nestlé’s profits grew by 10.9 percent and Hershey, which…