The recently formed Kraft Heinz company is off to a rocky start with sliding profits and more layoffs and facility closures recently announced, but the company has a three-prong plan for future growth, executives said Nov. 5 during the firm’s third-quarter...
New CEO looks to generate 'aggressive, run-rate cost savings of $1.5bn by the end of 2017'
Heinz has slashed just under one quarter (23.8%*) of its workforce since April 2013 as part of a ‘restructuring and productivity’ drive at the ketchup giant, which was acquired by private equity firms 3G and Berkshire Hathaway in June 2013, and tied the...
Heinz is urging a Pennsylvania court to reverse a decision by the Trademark Trial and Appeal Board (TTAB) allowing Boulder Brands to register ‘Smart Balance’ as a trademark for frozen foods and snacks – a name Heinz claims is “confusingly similar” to...
The mega-merger between Kraft Food Group and H.J. Heinz Company announced March 25 will allow the U.S. based companies to grow more quickly together than they could individually by combining their complementary distribution strengths, company executives...
Attempts to use mediation to resolve a lawsuit alleging that Heinz stole the idea for its Dip & Squeeze ketchup packs have failed, with the case now likely to go to trial.
