Kraft Heinz is doubling down on its ESG-related packaging goals by aiming to reduce its virgin plastic use by 20% by 2030, which is estimated to be more than 100m pounds of plastic, Linda Roman, the company’s head of packaging growth and technology, told...
As 86% of Americans are expected to be celebrating the Fourth of July this year, a recent survey by the National Retail Federation (NRF) found that consumers will spend approximately $6.78bn on food items for the holiday with a new emphasis on plant-based...
Union Kitchen: Inside a food and beverage incubator
Heinz Tomato Ketchup has been an iconic staple in American diners and homes for more than 130 years, but Washington, DC-area startup ’Chups believes the condiment is long overdue for an update and that it is just the company to do it.
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...
Sriracha, the garlicky, hot chili sauce made popular by Huy Fong Foods, Inc., no longer is confined to the green-lidded bottle with a distinctive rooster on the front. Several companies are tweaking the ubiquitous condiment and its packaging to make healthier...
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.
Heinz is the latest company reporting continuing sales weakness in
western Europe, with the US multinational's first quarter results
in the region damaged by falling demand for its frozen and seafood
products.
