Egg prices at U.S. supermarkets have hit a six-year high, with the cost of a dozen eggs reaching $2.06 in March, an increase of 7.1% from last year, according to the Bureau of Labor Statistics, and egg sales are ticking upward as Easter approaches. Last year, consumers purchased 2.6 billion eggs in the four weeks leading up to the holiday, according to Nielsen data. "With the prices, it's hard to know exactly what retailers will do," said Kevin Burkum, senior vice president for the American Egg Board. "We're optimistic that we'll be able to top last year. Eggs are still a very good value."
NCA Chairman Michael Gilmore presented an award at NCA's annual Industry Awards Breakfast at the Sweets & Snacks Expo. Don LaMere, of Harvey-Winchell Co., was awarded with the The Lou Spector Golden Candy Dish Award. Dr. B.E. Atkinson Jr., of Judson-Atkinson Candies, also was honored with the Doc Reed Silver Candy Dish Award.
The Ed Hardy brand is introducing a candy line during the Sweets & Snacks Expo. Ed Hardy Tung Toos will be sold in six-count baseball packs with a suggested retail price of $1, and Ed Hardy tins are filled with assorted hard candies and have a suggested retail price of $6.99.
Farley's & Sathers Candy Co. has hired Goldman Sachs to help it find a buyer. The maker of Brach's, Jujyfruits, and Now and Later candies has been owned by private equity firm Catterton Partners since 2002, but the Farley name dates to 1870.
Healthy Food Brands has launched sugar-free versions of its Sunkist Hard Candy in Tropical Blend and Citrus Blend flavors. The company is also introducing reduced-sugar Sunkist Fruit Gummies and Sour Fruit Gummies, which are sweetened with Splenda and Isomalt.