Today in food commerce, Kroger turns to data analytics tools to weather inflationary challenges, while Target announces the launch of a line of new ready-to-drink (RTD) cocktails. Plus, Wendy’s and Kraft make moves to be virtually accessible in metaverse spaces. Kroger Leverages Data Analytics in...
Wendy’s initial metaverse efforts have yielded positive results for the quick-service restaurant (QSR) chain, given that the company is stepping up its virtual efforts. The company announced an expansion of this initiative Wednesday (June 15), a new branded experience in Meta’s Horizon Worlds called Sunrise...
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...
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...