Got a sweet tooth? Get ready to pay more

SHARE Got a sweet tooth? Get ready to pay more

It’s going to cost more to get your chocolate fix.

The maker of M&M’s and Snickers said Wednesday it will increase prices by an average of 7 percent because of rising costs for ingredients. The announcement by Mars Chocolate NA comes about a week after No. 1 candy maker Hershey Co. said it will increase prices about 8 percent, Reuters said.

“In the three years since our last price increase, in March 2011, we have invested significantly in the category and have experienced a dramatic increase in our costs of doing business,” a Mars spokesperson said in an email to Reuters.

The Latest
Agnieszka, 14, would disappoint her parents if she Americanized it.
They were detached at times, but fans showed they knew all the words to “LISA” and “Riri.”
Yet, the Sueños headliner filled Grant Park for the first night of Chicago’s biggest annual Latin music event.
Friday marked a self-imposed adjournment date for lawmakers — but neither the revenue, appropriations or budget implementation measures had been brought to the floor by either the House or Senate. Illinois House Speaker Emanuel “Chris” Welch on Saturday said the House will adjourn for the holiday weekend and return next week to take up the budget.