KraftHeinz

Articles about Kraftheinz

  1. Shopper & Customer
“When we talk about omnichannel native, what we try to think about is a seamless path for the consumer. “ — Stewart Samuel, Director of Retail Futures, IGD The pandemic fundamentally changed how we shop, with many people becoming accustomed to online and omnichannel shopping. Rather than eradicate shoppers’ interest in physical stores, though, this […]
  1. Department: Food
We’ve had stories recently about how the availability and even the quality of a wide variety of products – including apples, beer, wine, olive oil and truffles – are being affected by climate change. Now we can add ketchup to the list,. The Wall Street journal writes that “plant breeders at Bayer are testing whether […]
  1. CPG: Food
PITTSBURGH & CHICAGO–(BUSINESS WIRE)–Today, The Kraft Heinz Company (Nasdaq: KHC) (the “Company” or “Kraft Heinz”) announced new members of its Executive Leadership Team that will partner with Carlos Abrams-Rivera when he assumes the Chief Executive Officer role beginning in the 2024 fiscal year. “Over the past four years under Miguel’s leadership, we’ve made great progress […]
  1. Trends & External Forces
It’s time for our most popular event of the year! Dr. Adam J. Fein, CEO of Drug Channels Institute (DCI) and the author of Drug Channels, invites you to join him for DCI’s new live video webinar: Drug Channels Outlook 2024 This event will be broadcast live on Friday, December 15, 2023 12:00 p.m. to […]
  1. Channel: Ecommerce & Digital
Regarding Ahold Delhaize’s decision to sell FreshDirect to Getir less than three years after acquiring it, one MNB reader wrote: I guess Ahold didn’t learn the lesson on warehouse to home delivery from their Peapod experience. The Fresh Direct purchase made sense in NYC where Stop&Shop had limited penetration compared to Philadelphia where Giant was […]
  1. Channel: Mass
  Cash strapped, time starved, and college loans are just some of the problems driving Gen Z and Millennial consumers to the dinner table at home this year.  However, if you are not going out for Thanksgiving to a restaurant or relatives Target has a deal for you. According to Steven Johnson Grocerant Guru® at […]
  1. Channel: Grocery
Ahold Delhaize USA announced this morning that it is selling the FreshDirect e-grocery business in which it acquired an 80 percent stake less than three years ago. The buyer is Getir, a Turkish e-commerce company that largely operates in Europe, but does have so-called instant delivery operations in Chicago, New York and Boston, where it […]
  1. Trends & External Forces
Direct-to-consumer health care apparel and lifestyle brand Figs has opened its first permanent physical retail space in LA’s Century City Mall. In addition to providing shoppers — who Figs refers to as “Awesome Humans” — with the opportunity to touch and try on products, the store, dubbed a “Community Hub,” will host events to celebrate […]
  1. Channel: Drug
PHILADELPHIA — Rite Aid said it will honor the service and sacrifice of all veterans and active military personnel this Veterans’ Day by offering a “Veteran Appreciation Days” promotion. From Nov. 10-12, customers with a valid military ID or proof of service are eligible for 15% off regular-priced items* at any Rite Aid store location. […]
  1. Channel: Ecommerce & Digital
    [[“value”:” Target has launched a Thanksgiving meal for under $25 online and in store, including the following staples to serve four: Good & Gather Premium Basted Young Turkey (Frozen) – 10 lb. Good & Gather Russet Potatoes – 5 lb. Good & Gather Cut Green Beans – 14.5 oz. Campbell’s Cream of Mushroom Soup – 22 oz. […]
  1. Shopper & Customer
Amid an unsteady economy, there have been concerns that consumers will reduce their spending on indulgences, yet the dessert industry remains stable in growth. Nevertheless, Americans are changing their dessert consumption behaviors. In this article, we’ll explore how consumers are contending with healthy versus indulgent dessert perceptions, the influence of plant-based innovation in sweet treats, […]
  1. Media & Marketing
Coming to a TV station near you: your favorite local sports team. As the television landscape evolves, access to local sports is changing—and the price point for some fans couldn’t be better: free. How is this possible? As audiences continue to migrate away from traditional cable packages, a handful of teams are partnering with local […]
  1. Stores & Formats
PHILADELPHIA — Rite Aid plans to plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process. The company submitted a list of 154 stores in a court filing. Most of the chain’s stores are on the East and West Coasts, and the list reflects […]
  1. Channel: Mass
    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Sobeys vegetable supplier calls it quits. A supplier of some vegetables to Sobeys stores has sold its operations, reports Canada news outlet Saltwire. Sawler Gardens’ sale with a local farmer located about a mile from its land located on […]
  1. Department & Category
  Food retailers are all competing for a larger share of stomach according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. In order to garner incremental customers food retailers including restaurants, convenience stores, grocery stores, dollar stores, and bodegas must focus specifically on Generation Z and Millennials where food discover and fresh […]
  1. Channel: Drug
    [[“value”:” Details are starting to surface about Rite Aid’s Chapter 11 bankruptcy filing, and it looks like the retailer plans to close 154 stores, reports Business Insider. The number was pulled from court documents. As it stands, Pennsylvania will lose the most stores (37), followed by California (28), with many others on the […]
  1. Channel: Drug
Rite Aid, the nation’s third largest drug store chain, filed for Chapter 11 bankruptcy protection yesterday. The New York Times writes that the company is “weighed down by billions of dollars in debt, declining sales and more than a thousand federal, state and local lawsuits claiming it filled thousands of illegal prescriptions for painkillers. Rite […]
  1. Department: Food
    [[“value”:” The Giant Company announced today that it has named Rebecca Lupfer chief financial officer and Dave Lessard senior vice president of operations, customer experience, and perishable distribution. Both will report directly to The Giant Company’s president, John Ruane. Both appointments are effective Monday, Oct. 16.  In her new role, Lupfer will lead the finance, […]
  1. Corporate Finance
PHILADELPHIA — Rite Aid Corp. on Sunday announced that it has filed for Chapter 11 bankruptcy protection, as part of a voluntary restructuring plan that the company says will reduce its debt, increase its financial flexibility, and allow it to accelerate its ongoing business transformation. In connection with this process, Rite Aid said it has […]
  1. Channel: Drug
PHILADELPHIA–(BUSINESS WIRE)–Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced it has reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the Company to accelerate its ongoing business transformation. Implementing the contemplated restructuring plan will significantly reduce the […]
  1. Corporate Strategy
PHILADELPHIA–(BUSINESS WIRE)–Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) and a member of the Board of Directors, effective immediately. Mr. Stein succeeds Elizabeth (“Busy”) Burr, who has served as Interim CEO of […]
  1. CPG: Food
The Chianti Classico Consortium this week said that it celebrates its 100th anniversary, it has been seeing “exceptional growth” that tracks to “evolving trends” in people’s wine tastes. According to the announcement, “The high-end market segment, represented by Riserva and Gran Selezione wines, has consistently delivered outstanding performance. Together, they accounted for approximately 45% of […]
  1. Corporate Finance
    [[“value”:” Rite Aid Corp. said this week that it was in danger of being delisted from the New York Stock Exchange as its stock price and market capitalization have plunged. The company said its stock, which has lost about 80% of its value since July and was trading at between about 52 and […]
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The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]

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