Mondelēz, Hershey pressured by a prolonged spike in cocoa prices; HMM, ONE, Yang Ming alliance now effective, FMC says; BJ’s Wholesale Club to open distribution center in Ohio
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The Oreo maker warned of “unprecedented” inflation for the commodity that may reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
The facility will support the retailer’s growing store footprint and include automated pallet storage, case-handling equipment and mixed-case pallet building.
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