Kraft Heinz

A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split. PepsiCo said that it had decided to stop supplying the chain’s European stores because the two sides hadn’t reached an agreement on a new contract. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split. PepsiCo said…

Listen to article(2 minutes)Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the ranks, where promotions come with bigger pay bumps, or where employees stick around and build careers.That information has been hard for employees to find. A new ranking of Fortune 500 companies seeks to help job-hunters avoid dead-end jobs. The 2023 American Opportunity Index rates companies by how well they help employees, especially those without college degrees, move into better,…

With its Freestyle soda fountain machines, Coca-Cola empowered fast food patrons to come up with their own perfect mix of the company’s various fizzy drinks. With the Heinz Remix, Kraft Heinz wants to do the same thing with condiments, letting restaurant customers create their own pre-mixed custom dipping sauces with just a few button presses.Does Beyond Meat’s Plant Have a Mold Problem?If you haven’t experienced them yet at a food court, a fast food joint, or at a movie theater, Coca-Cola’s Freestyle fountain drink…

Big food companies and restaurant chains are working to appeal to budget-conscious consumers as inflation persists and the U.S. economy wobbles.  Companies from Yum Brands to Kraft Heinz are turning attention to value offerings as consumers shift where they buy groceries and eat out, executives said. Big food companies and restaurant chains are working to appeal to budget-conscious consumers as inflation persists and the U.S. economy wobbles.  Companies from Yum Brands to…

Kraft Heinz Co. KHC 1.48% posted higher sales during the latest quarter after raising prices to offset surging costs. The Pittsburgh-based maker of Kool-Aid and Jell-O said sales rose 2.9% to $6.51 billion in the third quarter, as it pushed prices 15.4% higher from a year ago in a bid to manage rising input costs. Analysts polled by FactSet had been expecting $6.27 billion. The company reported a drop in volume from the…

U.S. food and beverage companies are racing to keep operations running during a nationwide shortage of carbon dioxide.Companies including Tyson Foods Inc. TSN -1.30% and Kraft Heinz Co. KHC -0.23% have been searching for carbon dioxide as supply disruptions this summer exacerbated existing shortages, threatening production of goods from cold cuts to beer. Carbon dioxide is widely used throughout food and beverage…

Kraft Heinz says that only the Wild Cherry flavor was contaminated.Image: melissamn (Shutterstock)Kraft Heinz is recalling thousands of cases of Capri Sun after revealing that they were contaminated with diluted cleaning solution. The recall specifically affects Wild Cherry flavored Capri Sun with a “Best When Used By” date of June 25, 2023.Stop packing your child’s school lunches and double check that that Wild Cherry Capri Sun doesn’t have cleaning solution in it. Kraft Heinz recently announced the voluntary recall of…

Restaurants are taking on grocery stores over value, contending that eating out can be a better deal than cooking at home.They have some recent data on their side. Consumer prices at grocery stores and restaurants increased 13.1% and 7.6%, respectively, year-over-year in July, according to the Labor Department—the biggest inflationary gap between grocery stores and restaurants since the 1970s. The unusual pricing dynamic has given ammunition to fast-food chains and sit-down restaurants, which are increasingly touting…

Consumer-goods companies girding for an economic downturn are rolling out different package sizes, launching new affordable products and pushing lower priced items in some stores to woo increasingly cautious shoppers.Official data released Thursday showed the U.S. economy shrank for a second quarter in a row—a common but unofficial definition of a recession—in part because consumer spending slowed amid rising inflation. Meanwhile, quarterly earnings from makers of everyday items from snacks to shampoo have shown some…

Kraft Heinz now expects better sales for its products for the year. Photo: Gabby Jones/Bloomberg News…