The Kraft Heinz Co.’s board of directors has unanimously approved a plan to separate the company into two independent, publicly traded companies through a tax-free spin-off designed to enable stronger performance while preserving the scale to compete in today’s environment. The separation aims to maximize Kraft Heinz’s capabilities and brands while reducing complexity, allowing both […]
Tag: Kraft Heinz
Kraft Heinz Commits To Remove FD&C Colors By 2027
The Kraft Heinz Co. announced it will not launch any new products in the U.S. with Food, Drug & Cosmetic colors, effective immediately, and will remove the remaining FD&C colors from its U.S. product portfolio before the end of 2027. To date, nearly 90 percent of Kraft Heinz’s U.S. products are free of FD&C colors (by […]
Kraft Heinz To Hold 2020 Annual Meeting of Stockholders In Virtual-Only Format
The Kraft Heinz Co. will hold its 2020 Annual Meeting of Stockholders in a virtual-only format due to continued public health concerns related to the coronavirus (Covid-19) outbreak. As previously announced, the annual meeting will be held on Thursday, May 7, at 11 a.m. Eastern Standard Time. Stockholders will not be able to attend the annual meeting […]
KDP Will Market McDonald’s McCafé Packaged Coffee Next Year
McDonald’s USA and Keurig Dr Pepper (KDP) have signed a long-term master licensing and distribution agreement for McCafé packaged coffee in the U.S. The McCafé packaged coffee business launched with Kraft Heinz in 2014. Under the agreement, KDP will continue to be the exclusive manufacturer of McCafé K-Cup pods in the U.S. KDP will also […]
Pulitzer Prize Winner Doris Kearns Goodwin Giving Keynote At NGA Show
Pulitzer Prize-winning, New York Times No. 1 best-selling author and presidential historian Doris Kearns Goodwin will deliver the opening keynote address, sponsored by The Kraft Heinz Co., at the 2020 National Grocers Association Show, to be held Feb. 23-26 at the San Diego Convention Center. Goodwin has a long career of studying the American presidents, […]
Kraft Heinz, Baileys Launch Ready-To-Drink Cold Brew, Coffee, K-Cups
Kraft Heinz partnered with cream liqueur maker Baileys to launch three non-alcoholic products. They are: • Ready-to-Drink Cold Brew Coffee in Irish Cream and Salted Caramel flavors; SRP $2.39; • Roast and ground coffee bags in Irish Cream and Chocolate Cherry; SRP $7.99; and • 10-count Keurig K-Cup pods in Irish Cream and Chocolate Cherry; […]
Kraft Heinz Signs Brand Central To Bring Iconic Brands To Life
Chicago-based Kraft Heinz, a global food and beverage company comprising brands like Planters, Kraft, Oscar Mayer, Philadelphia, Jell-O, Heinz, Kool-Aid, Lunchables, Kraft Mac and Cheese, and Velveeta, has selected global brand consultancy Brand Central for outbound licensing to extend its best-selling brands into new lifestyle and food and beverage consumer product categories. Kraft Heinz has […]
Kraft Heinz Launches Oscar Mayer Natural Meat And Cheese Snack Sticks
Kraft Heinz has launched Oscar Mayer Natural Meat and Cheese Snack Sticks intended to be sold in convenience stores to target consumers looking for protein snack alternatives. The Natural Meat and Cheese Snack Sticks contain no artificial ingredients and no added nitrates or nitrites. The product is designed for sale across the convenience channel. Available […]
Kraft Heinz Makes Twisted Ranch Restaurant Sauce Line
Fans of the St. Louis, Missouri, destination restaurant Twisted Ranch soon will be able to buy its ranch line in stores nationwide. Heinz Kraft is making Twisted Ranch sauces in five flavors: black pepper parmesan, cheesy smoked bacon, honey dipped wasabi, garlic smashed Buffalo and mango spiked habanero. Twisted Ranch sauces will be available in […]
Kraft Heinz Changes Recipe Website To ‘My Food and Family,’ Adds New Features
The Kraft Heinz recipe website formerly known as Kraft Recipes is now called My Food and Family. While changing the name, Kraft Heinz also added features such as a product finder that makes it easier to find retailers selling specific items; the ability for consumers to add products — including those needed for an entire […]
Kraft Heinz Invests In Emerging Tech With $100M Venture Capital Fund
Kraft Heinz has launched Evolv Ventures, a venture fund that will invest in emerging tech companies transforming the food industry. Kraft Heinz has committed up to $100 million to Evolv Ventures and brought on venture investor Bill Pescatello to lead the fund. “New technological innovations in the food industry create endless new opportunities to strengthen […]
Warren Buffett Retiring From Kraft Heinz Board Of Directors
Warren Buffett will retire from the Kraft Heinz Co.’s board of directors following the end of his term at the upcoming Kraft Heinz 2018 Annual Meeting of Stockholders. Buffett decided to retire from the board as he decreases his travel commitments, the company says. The board intends to nominate Alexandre Van Damme to stand for election at the meeting […]
Kraft Heinz Releases Inaugural Corporate Social Responsibility Report
The Kraft Heinz Co. has released its inaugural corporate social responsibility (CSR) report, revealing the global food company’s CSR strategy and goals, and announcing a new commitment to transition to 100 percent cage-free eggs in all global operations by 2025. According to Kraft Heinz, the report is a key element of its “enhanced commitment to […]
Oscar Mayer Brand Changes Its Hot Dogs
The Oscar Mayer brand has made what it calls “radical changes” to its full line of hot dogs, making it the first to market with no added nitrates or nitrites, no artificial preservatives in its meat and no by-products in every one of its hot dogs. The overhaul comes after more than a year of recipe testing and […]
