Kraft has unveiled plans to remove artificial preservatives and synthetic colors from its iconic Original Kraft Macaroni & Cheese in the U.S. starting January 2016. Meanwhile, Kraft Dinner Original in Canada will be free from synthetic colors by the...
Big CPG firms are not nimble enough to innovate and align with changing consumer tastes, says TABS Group founder
The impending marriage of Heinz and Kraft Foods Group will create a $29bn consumer packaged goods powerhouse. But is bigger always better, or are megadeals like this more about making money for lawyers and shareholders than delighting consumers and driving...
Despite innovations to revitalize iconic brands and tap into emerging consumer desires, Kraft’s turnaround “remains a work in progress” as increased pricing to offset higher commodity costs slowed sales and dragged down earnings 11% in the third quarter,...
Kraft Foods will pull the artificial yellow coloring from five of its character-based shapes macaroni and cheese product lines starting in January 2014.
The number two gum player Kraft (now Mondelez) has filed a patent for a degradable gum composition that is similar to one currently being assessed for novel foods approval in the EU.
The days of “spray and pray innovation at Kraft are gone” with “big bet” new products expected to meet more rigorous standards before they are launched in future, says the new boss of Kraft’s North American grocery business.
Developing markets are to make up almost half of revenues for Kraft’s global snacks business as the spin-off business announces Irene Rosenfeld as its head.
Kraft Foods is facing another potential grilling about its takeover of Cadbury in early 2010 with the US Securities and Exchange Commission (SEC) examining its actions in relation to India under the US Foreign Corrupt Practices Act (FCPA).
A US Court of Appeals has upheld a previous court decision denying Kraft’s request for a preliminary injunction against Starbucks, paving the way for the coffee giant to end a distribution deal on March 1.
Despite robust overall growth, Kraft is still suffering from costs associated with its £11.5bn Cadbury purchase, according to the US giant's full-year accounts.
A New York federal court has denied Kraft’s request for a preliminary injunction against Starbucks, paving the way for the coffee giant to end the companies’ packaged coffee distribution agreement on March 1.
Starbucks has filed for early termination of its coffee distribution agreement with Kraft Foods – but Kraft has said that ending the deal early would cause it “irreparable harm”.
Kraft is likely to have a robust defence in relation to the reported investigation into any tax bill it might be liable for following its takeover of Cadbury in February 2010, claims a UK tax law analyst.
Kraft Foods said on Monday it is seeking a court injunction against Starbucks in an effort to stop the coffee giant from “attempting to unilaterally end” a distribution deal between the two companies.
Kraft’s reputation in the UK has been badly hit by its behaviour during the acquisition of Cadbury and it should be subject to continuous scrutiny over its subsequent pledges, claim UK politicians who heard evidence from Kraft executives last month.
Kraft will not face competition from Hershey to buy UK confectionery company Cadbury, it is confirmed today. But a major Kraft shareholder has come out in opposition to this week’s raised bid.
US based market analyst firm Bernstein Research claims that there is more value for Cadbury shareholders in the UK confectionery giant remaining a standalone company should a higher bid from Kraft does not materialise.
Kraft’s largest shareholder Berkshire Hathaway, run by billionaire investor Warren Buffett, has voted against the issuance of up to 370m shares to acquire Cadbury, it said on Tuesday.
Kraft Foods has defended its valuation of the Cadbury business and insisted that it remains the most logical buyer for the UK confectionery manufacturer.
Food giant Kraft Foods today announced a demerger of its Post
Cereal brand to Ralcorp Holdings for $2.6bn of stock and cash,
as part of the company's strategy to concentrate on core divisions.
Kraft explains its approach to health and wellness in the second of
a series of FoodNavigator-USA.com articles examining the practices
of major US food firms in the face of a growing need to address
human nutrition.
Kraft may be selling the US based cereals business for as much as
$3bn (€2.2bn), because of pressure from new legislation in regards
to advertising to children, according to a report by the Wall
Street Journal.
Lack of innovation and consumer demand for healthier products has
resulted in a stagnant US market for once popular sandwich spreads
such as ketchup, mustard and mayonnaise, according to a new report.
US manufacturer Kraft Foods has announced a "fewer, bigger, better"
policy, concentrating on crucial brands in key areas as the firm
suffers from lagging performance.
Food giant Kraft, which saw earnings drop 13.5 percent in third
quarter earnings yesterday, moved a step closer to being spun off
from parent Altria after a $280 billion government lawsuit against
the tobacco industry fell through.
Kraft Foods, the world's biggest food company, has announced its US
operation is to provide consumers with more nutritional information
about its products - a precedent already set by its UK division,
Tom Armitage reports.
Despite attempts by Kraft Foods to give the company a healthier
image, earnings fell for the fifth straight quarter as higher
commodity costs and retail price pressures took their toll.
