The Hershey Company is expanding its Times Square store to an even bigger location right down the street. The company said the new retail store will be three times bigger than the current site. It will be located at 20 Times Square, a site currently under construction right near rival store M&M World. Shares of Hershey were inactive in premarket trade, but have risen 16% in the past three months and 20% in 12 months, outperforming the S&P 500 . The index is up 3% in three months and 2% on the year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.