(August 21, 2008)—Mars, the maker of Snickers bars and M&Ms candies, says it is raising prices on various items to offset the higher costs of raw materials, packaging and energy.
The statement follows a similar announcement by its larger rival, The Hershey Co.
The privately held Mars did not say which products will go up in price, or by how much, but it said the majority of the price increases will take effect Oct. 17, while several other changes will be introduced through next March.
Mars also announced a price increase in January, as did Hershey.
Mars Web Site
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