Tootsie Roll
Industries, Inc.
Annual Report 2009
Corporate Profile
Tootsie Roll Industries, Inc. has been engaged in the manufacture and sale of confectionery products for 113 years. Our products are primarily sold under the familiar brand names: Tootsie Roll, Tootsie Roll Pops, Caramel Apple Pops, Child’s Play, Charms, Blow Pop, Blue Razz, Cella’s chocolate covered cherries, Tootsie Dots, Tootsie Crows, Junior Mints, Junior Caramels, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff cotton candy, Dubble Bubble, Razzles, Cry Baby, Nik-L-Nip and EI Bubble.
Ellen R. Gordon, President and Chief Operating Officer and Melvin J. Gordon, Chairman and Chief Executive Officer.
Corporate Principles
We believe that the
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Retailers are highly selective as to the products they carry and consumers have many choices in the candy isle. We find that emphasizing high sell-through and attractive profit margins to the trade and high quality at an attractive value to the consumer is a winning strategy. Our diverse and highly recognizable brand portfolio remains popular across all trade channels. We have a range of offerings suitable for virtually every major consumer group. Our product line undergoes continual refinement in order to retain its appeal to ever-evolving preferences and life styles. The candy marketplace is highly competitive and we are vigilant in keeping our products contemporary even as they remain iconic. Halloween has long been our largest selling period with third quarter sales nearly double those of any other quarter in the year. We posted strong results in all major trade classes including grocery, mass merchandisers, warehouse clubs, dollar stores and drug chains. Especially popular at Halloween are our large bags of Child’s Play and other mixed candy assortments, which are offered in a variety of merchandising presentations. Our bagged goods have traditionally been limited to “lay down” format that is commonly found on retailer’s shelves. In addition to “lay down” bags, in 2009 we introduced a number of packs in a “vertical” format. These gusseted bags really
Financial Highlights
December 31, 2009 2008
(in thousands except
The products of this popular culture are aimed at a specific target market. Primary consumers of The Wiggles are young children but the major purchasers of associated products and paraphernalia are the children’s parents and adults.
Imagine being a young child walking into a chocolate museum where chocolate lines the walls, you can create your own one of a kind candy bar, thousands of different types of chocolates, and chocolate bars line the walls.
The Whole Foods (WF) annual report for 2010 states “Our growth strategy is to expand primarily through new store openings. We have a disciplined, opportunistic real estate strategy, opening stores in existing trade areas as well as new areas, including international locations. Our new stores typically are located on premium real estate sites and range in size between 35,000 and 50,000 square feet which we believe is appropriate in most circumstances to maximize return on invested capital and Economic Value Added (“EVA®”). Our growth strategy includes opening new stores in existing and new areas and operating those stores successfully.” (Flanagan, G. 2010). This means they are growing and spreading their wings out into a large variety of regions. The report also stated in order to meet those goals “many of our competitors went back and forth on their pricing strategies, we stayed true to our goal of offering a clear value choice in every department through compelling prices on known value items, as well as targeted pricing and promotional strategies” (Flanagan, G. 2010).
These tasty Skittles come in many different flavors. Some flavors include strawberry, orange, lemon, lime, and grape. Each fruity flavor comes with it’s own fun color. Their slogan is “Taste The Rainbow”, because of all the crazy colors. My definite favorite is the strawberry flavored red one. There are also many different variety packs that you can choose from.
This candy is wrapped in a shiny gold paper.Then when it is bagged in a big blue box .I plan to advertise
The Happy Pills stores are a perfect way to absorb a bit of sweetness. Besides, they are the perfect spot to sit back, inspire the sweet atmosphere, and engage with the sweetest slot machine you'll ever find: So Much Candy, a game available at the Royal Vegas Mobile. While your kids (or significant other) explore the endless shelves filled with sweetness, you can spin a few at the Royal Vegas, and maybe even win some cash to spend - on candy, or anything else really. The sweet, candylicious atmosphere of the store, paired with the tasty sweets and wins of the Royal Vegas slots, will surely be worth your
The Hershey Company was originally founded in Delaware in 1894 by Milton S. Hershey, and on October 24, 1927, the company was incorporated into the laws of the state of Delaware (1). The Hershey Company is one of the largest chocolate sellers in the world, selling their products to approximately 70 countries worldwide. The company is also a Securities Exchange Commission (SEC) recognized company (1). In other words, the company is required to report multiple documents to the SEC annually including the Form 10-K. The Hershey Company’s Form 10-K contains copies of the financial statements. This paper “The Hershey Company: Final 10-K Paper” discusses the information for the end of the fiscal year 2013, which ends on December 31, 2013. The financial statements being discussed are the Balance Sheet, also known as the Consolidated Balance Sheets, and the Income Statement, also known as the Consolidated Statements of Income. The paper also discusses information in regards to the days sales in inventory ratio, current ratio, the acid test ratio, times interest earned ratio, and the gross profit ratio.
In 16 days all UNH students will journey back home for holiday break to enjoy a month long of relaxation and binge watching the latest Netflix original series. For some, this will be the first time since the beginning of the Fall Semester that they will see their homes again, and to their surprise, they may arrive to a newly decorated, holiday themed house. Some homes will be filled with classic red and green tinsel, others with modern white and silver LED lights, and maybe some not at all dressed up, but one item that almost every household will share is chocolate. Oddly enough, every holiday, special occasion, or just-because-moments are filled with chocolate. You wouldn’t give someone a handful of jelly beans to express your love on Valentine’s day, or request a tray full of salt water taffy sent to your room to celebrate an anniversary, would you? Chocolate is our everyday edible diamond and there’s no turning back after tasting that bittersweet delight, unless we couldn’t produce anymore.
Some of the key employees in the company include Brian C. Cornell as the Chief Executive Officer and Chairman of the Board , Douglas M. Baker as the Lead Independent Director, Cathy R. Smith as the Executive Vice President
On Sunday October 9th, I went to Hawkins Market in Ashland, Ohio to check out the Chewy Chocolate Chip Cookies by Chips Ahoy for the second week on a Sunday, but this time at a different store. This store was not advertising or promoting these cookies in any way. They were located in the aisle along with all the other cookies. There were also no sales going on this week at this store. They had much less a stock of the Chewy Chips Ahoy Cookies than Walmart did the previous week. They were on the third shelf from the top and had only a couple of rows for the cookies but were stacked five packages high. They were placed between other Chips Ahoy cookies and its fellow Nabisco products of Oreo’s and Ritz Crackers, similar to what Walmart was doing.
This paper provides an overview of a visit through Jelly Belly’s Virtual Tour from one of its factories located in Fairfield, California. The Jelly Belly Candy Company is a popular American candy distributor, known for its variety of products like Candy Corns, Licorice Bridge Mints, Jordan Almonds, Milk Chocolate Malt Balls, and of course Jelly Beans (Jelly Belly, 2017). A personal impression of the company’s operations involving the packing, productions, distribution, marketing, supply, human resources, and consumer relations that occurs in day to day production is reviewed (Reis, 2013). Additional, noticeable problems and inefficiencies such as international marketing efforts and production processes are addressed from the virtual tour and
Concept: For all the adventurous folks out there, who are attracted to Harley Davidson’s monstrous motorcycles, why not try their new candy bar. Why would consumers buy into a candy bar from a motorcycle company? The answer is simple. It’s because the candy bar is as badass as the motorcycles they produce. Entitled “ Harley Davidson’s Chewy Delight,” the bar is loaded with all the tastiest ingredients a candy lover could want. Caramel, peanuts, salt water taffy, blended with a rich, dark chocolate, all combine to make a candy bar that no candy bar consumer could ignore.
We have a dedicated audience ranging from the ages of 12 to 17, many of whom enjoy and buy candy once in awhile. The upcoming issue of TRIPLE offers you a full 8 ½ x 11 inch page of advertisement space for a price of four thousand dollars ($4000). TRIPLE would expect two thousand dollars ($2,000) upon agreement of this contract, one thousand dollars ($1,000) when our magazine has sales and purchases of 6 and 6, and a final payment of one thousand dollars ($1,000) at the 10 and 10 plateau.
e. Management: Brian Cornell, Chairman & CEO; John Mulligan, EVP & CFO; Brad Maiorino, SVP & CISO; Jackie Rice, Chief Risk & Compliance Officer; Dawn Block, SVP- Target.com & Mobile Merchandising; Jim Fisher, SVP- Target Technology Services.
I chose Kellogg Company for my annual report project because I like to work with a company that I familiar with. In other words, I like to do a project on a company that carries products my family uses. I tried to order an annual report from a few companies such as Apple, Pepsi, Toyota, and Kellogg. However, I have not received any physical annual report copy from any other company yet. I was lucky that the Kellogg Company shipped me its physical annual report. Most other companies just provided me with their online annual report. If I chose a different company, I would need to print out an annual report online that contains many pages. It was easier to have a hard copy of the annual report so that I could look for information and make notes, so I can go back to it if I needed to. Because the Kellogg Company carries many kinds of cereals that my kids like to eat as well as having an annual report printed out, doing the annual report project on the Kellogg Company was the best choice.