Declining sales dent Kraft Heinz growth as turnaround plan expected to take time

USA – The Kraft Heinz Company reported a 5.1% decline in net sales to US$6.5 billion in the full 2019 financial year as the company continue to struggle with heightened competition from private-label brands. The […]

Kraft Heinz taps Campbell executive Abrams-Rivera as new US zone president

USA – The Kraft Heinz Company has appointed the president of Campbell Snacks Carlos Abrams-Rivera as the company’s new US Zone President, effective February 3, 2020. Abrams-Rivera, 52, will join the company after a successful […]

Kraft Heinz partners with UFC to develop new protein-packed snack

USA – Kraft Heinz is teaming up with the UFC Performance Institute to launch a new P3 Portable Protein Pack as part of its existing line of products under the partnership. Developed for “active consumers […]

Kraft Heinz brings back former CFO as company seeks turnaround strategy

USA – The packaged consumer foods company, Kraft Heinz has announced the appointment of former executive Paulo Basilio to the role of chief financial officer, effective 1 September. The newly appointed chief execituve officer, Miguel […]

Kraft Heinz writes down US$1.2bn as first half profits shrink 4.8%

USA – Kraft Heinz reported a 4.8% decline in operating profits to US$12.4 billion in the six months to end June due to gloomier prospects for some of its leading brands, including Oscar Mayer meats. […]

Kraft Heinz launches new yoghurt smoothies with real fruits and vegetables

USA – Kraft Heinz has launched a new range of smoothies dubbed Fruitlove, featuring a combination of creamy yoghurt and real fruits and vegetables. The smoothie bowl is accompanied with a green spoon adding convenience […]

Kraft Heinz appoints Miguel Patricio new Chief Executive Officer

USA – Global foods company, Kraft Heinz has appointed Miguel Patricio as new Chief Executive Officer effective July 1, 2019. Patricio, whose appointment was approved by the company’s board of directors succeeds Bernardo Hees, who […]

Kraft Heinz joins other organisations within Food and Drink Federation

UK – Kraft Heinz has joined other food and beverage manufacturers within the Food and Drink Federation (FDF) of the United Kingdom (UK). The maker of Heinz tomato ketchup joins more than 300 other organisations […]

Heinz to launch new condiment variants to meet demand for tasty sauces

USA – Heinz is set to launch new condiment variants, Heinz Mayocue and Heinz Mayomust sauces to address the growing demand for tasty and delicious products among saucy fans. Heinz Mayocue is a tasty combination […]

Kraft Heinz enlists five startups for second round of Springboard incubator program

USA – The packaged consumer foods company, Kraft Heinz has announced five food and drink startups for its second round of Springboard incubator program. The second incubator class includes Blake’s Seed Based, BRAMI, Ka-Pop! Ancient […]