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Brad Reese

Appeared on:Planet Money
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β€œMy grandfather, HB. Reese, who invented Reese's, built Reese's on a simple, enduring architecture. Milk chocolate plus peanut butter.”

β€” Brad Reese
APR 4, 2026NPR

Reese’s heir vs. chocolate skimpflation

  • β€’

    Hershey's is using skimpflation to hide rising costs - the company is substituting real milk chocolate and peanut butter with 'chocolate candy' and 'peanut butter cream' to bypass FDA labeling requirements while maintaining margins.

    β€œThey replaced milk chocolate with chocolate candy. And they replaced the peanut butter with peanut butter cream.”

    β€” Brad Reese
  • β€’

    The Reese's brand was built on specific ingredient standards - founded by a former Hershey dairy farmer, the product's success relied on a unique peanut butter formula and real milk chocolate that defined the brand for a century.

    β€œMy grandfather's genius was to perfect the peanut butter. The key has always been the peanut butter.”

    β€” Brad Reese
  • β€’

    Brand heirs are leveraging public platforms to fight corporate degradation - despite his family selling the company in 1963, Brad Reese is using LinkedIn and open letters to pressure Hershey's into preserving his grandfather's original product identity.

    β€œMy grandfather, HB. Reese, who invented Reese's, built Reese's on a simple, enduring architecture. Milk chocolate plus peanut butter.”

    β€” Brad Reese