The speed and scale of change in the retail sector has been accelerating by the week during the pandemic. Iconic companies that started the year with a decent balance sheet are now defaulting on lease payments and filing for bankruptcy. Innovative companies are pivoting to...
Three years after Kraft Food Group and H.J. Heinz merged, the combined company may be hungry for acquisitions. After cutting $1.7 billion from spending, executives of Kraft Heinz said it’s now time for growth and investment, The Chicago Tribune reported. Kraft Heinz CEO Bernard Hees said...
It’s been called many things: Fry Sauce, Go Sauce, Russian Dressing, Dutch Sauce, Golf Sauce. On occasion, it’s called nothing in particular. It’s the time-honored tradition of mixing mayonnaise and ketchup into a single, delicious pink sauce that combines the creaminess of mayonnaise and the...
Patent trolls may have to go back under a bridge. As Reuters reported Monday, the United States Supreme Court has issued a ruling that makes it tough for patent trolls to file what the newswire termed “dodgy patent cases” in courts deemed friendly, lessening a...
February 14, 2024
From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop during an earnings call Wednesday (Feb. 14). Speaking with analysts, the chief executive said company data shows “that regardless of the income levels, consumers are looking for value and they continue […]
May 29, 2018
Three years after Kraft Food Group and H.J. Heinz merged, the combined company may be hungry for acquisitions. After cutting $1.7 billion from spending, executives of Kraft Heinz said it’s...
May 23, 2017
Patent trolls may have to go back under a bridge. As Reuters reported Monday, the United States Supreme Court has issued a ruling that makes it tough for patent trolls...
