Kraft Heinz

Kraft Heinz Expands Alfaro Manufacturing Plant In Spain

Kraft Heinz has expanded its Alfaro manufacturing plant in La Rioja, Spain, increasing the factory’s capacity by 50%.

Shoppers Turn To Smaller Food Brands, Cutting Into Profits Of Conglomerates

Shoppers, weary of high prices and highly-processed packaged food, are increasingly buying from smaller food brands, threatening the growth of billion-doll...

Kraft Heinz Likely To Sell Baby Food Brand Plasmon, Sources Say

Kraft Heinz is working with investment bank Houlihan Lokey to sell its Italy-based infant food product brand Plasmon.

Kraft Heinz Forecasts Bleak Annual Profit As Higher Prices Hamper Demand Recovery

Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates, as the packaged food maker struggles with sluggish demand followin...

Kraft Heinz Appoints Marcel Regis As President Of Eastern And Western Emerging Markets

The Kraft Heinz Company has appointed Marcel Regis as the president of West and East emerging markets, effective 3 February 2025.

FDA Proposes Nutrition Labels In Front Of Packaged Foods

The US Food and Drug Administration has proposed that packaged foods require a nutrition label on the front, in its latest push under the outgoing Biden ad...

Kroger, Albertsons Could Turn To Ad Business After Merger Falls Through: Analysts

Kroger and Albertsons could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a failed merger between the two s...

JM Smucker Raises Annual Profit Forecast On Resilient Demand, Higher Prices

Jif peanut butter maker JM Smucker raised annual profit forecast and beat second-quarter estimates, benefiting from resilient demand for packaged and froze...