Wednesday, March 25, 2009

the candyman can

Cadbury reported a 30 percent rise in profits for 2008 while Nestle’s profits grew by 10.9 percent, according to public filings. Hershey, which struggled for much of 2008, saw profits jump by 8.5 percent in the fourth quarter.

From When Economy Sours, Tootsie Rolls Soothe Souls in yesterday's New York Times.

According to the Times, the same was true during the Depression: "Snickers started in 1930. Tootsie Pops appeared in 1931. Mars bars with almonds and Three Musketeers bars followed in 1932."

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