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Russell Stover Chocolates, Inc. is an American manufacturer of candy, chocolate, and confections. Founded by Russell Stover , an American chemist and entrepreneur, and his wife Clara Stover in 1923, it is an independent subsidiary of Swiss chocolatier Lindt & Sprüngli .
The online Russell Stover history states that the Whitman's Sampler was introduced in 1912, and by 1915 it was the most popular of Whitman's line of candy. Also in 1915 the Messenger Boy molded chocolate piece was added to the assortment. [7]
During the 1940s, the name of the company was officially changed to Russell Stover Candies. [7] When Russell Stover died in 1954, five days after his 66th birthday, the company that bore his name was producing 11 million pounds of candy annually and selling its products through 40 Russell Stover shops and in about 2,000 department stores. [5]
At Target, a 120-piece, roughly 46-ounce bag of Mars' Milky Ways, Snickers, M&Ms and Twix chocolates is $19.99. Candy companies are hiking prices on candies without chocolate by double digits ...
Cereal and bakery products also grew 0.3% month over month, led by higher prices for rice, pasta, and cornmeal, up 1.3%, along with increases for cakes, cupcakes, and cookies, up 1.2%.
Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate.
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