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Search resuls for: "The Kraft"


8 mentions found


☆ Behold the stuffed crust bagel
  + stars: | 2023-04-13 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +3 min
Now, Philadelphia cream cheese and H&H Bagels, a New York City-based bagel shop, are trying to please the carbohydrate- and dairy-loving communities with a new and dubious spin on the stuffed crust: The bagel stuffed with cream cheese. But unlike stuffed-crust pizzas, the bagel is filled with cheese after it is baked, making it more of a cream cheese bagel donut, if not in spirit then at least in form. What’s so wrong with slicing a bagel and slathering on a healthy amount of cream cheese? New York doesn’t have a specific bagel tax, explained Ryan Cleveland, a representative of the New York State Department of Taxation and Finance. Philadelphia cream cheese, which struggled with shortages in the past, turned that issue into a marketing opportunity as well.
☆ Kraft Heinz agrees to sell Russian baby food business
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +2 min
MOSCOW, March 31 (Reuters) - Kraft Heinz (KHC.O) has agreed to sell its baby food business in Russia to local drinks and snacks maker Chernogolovka, the U.S. food giant said on Friday, as domestic firms continue to capitalise on the departure of Western brands. According to Chernogolovka, the deal will include two factories and the "Umnitsa" and "Sami s usami" brands. "We anticipate closing the deal in the second half of 2023 (Q3) and will continue working with Chernogolovka post-completion, to ensure a smooth integration," a Kraft Heinz spokesperson told Reuters. Neither Kraft Heinz nor Chernogolovka disclosed the price or mentioned any buyback clause. Russia's Kommersant newspaper reported on Thursday, citing sources, that Kraft Heinz estimates the deal's value at between 2.5 and 3 billion roubles ($32.4 to $38.9 million) but the government is yet to approve the valuation.
☆ Wrong to push players into being activists, says Subban
  + stars: | 2023-03-31 | by ( Steve Keating | ) www.reuters.com   time to read: +3 min
"We cannot push everyone to be an activist, we need to be very careful," Canadian Subban told Reuters. "I'm not saying it is right or wrong to wear the (Pride)jersey, we have just got to be very careful how we push players to do things. Instead the blame lies with the media, says Subban, for only telling half the story. "The people that write the articles, the people that push certain narratives in the media they have to be held accountable," he added. "There's many players in the league that have started programs - why aren't the media talking about that.
☆ Wall Street luminaries say it's time to get out of the stock market before the Fed crushes the economy
  + stars: | 2023-02-15 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Tuesday's CPI data showed inflation climbed 0.5% in January, slightly higher than expected, and year-over-year it slowed to 6.4%. Prices, it seems, aren't cooling down as smoothly or quickly as anyone wants, especially the Fed. To Kolanovic, a recession is all but guaranteed if the Fed is serious about its 2% inflation target. And like Kolanovic, Morgan Stanley Wealth Management investment chief Lisa Shalett warned that Fed policy is going to pull stocks lower. US stock futures fall early Wednesday, as investors pick over yesterday's CPI inflation report to assess what it means for the Fed.
☆ The company Walgreens uses to target shoppers with ads on digital cooler doors is expanding its screens to more in-store locations
  + stars: | 2023-01-17 | by ( Lara O'Reilly | ) www.businessinsider.com   time to read: +4 min
Cooler Screens, which provides in-store ad screens on cooler doors, has detailed expansion plans. Cooler Screens, the company that provides "smart" digital advertising screens on refrigerator doors in Kroger, Walgreens, and Circle K locations, said Tuesday that plans are underway to extend its network to more screens at different areas inside stores. Cooler Screens currently offers a digital merchandising platform that brightly displays the products that sit inside a retailer's cooler units and additional advertising space. A slide from a Cooler Screens ad sales pitch deck, showcasing its plans for additional in-store billboards. Cooler Screens has raised more than $100 million in funding from investors including Verizon Ventures, Microsoft's M12 venture fund, and GreatPoint Ventures.
☆ These were Warren Buffett's 10 best performing stocks held by Berkshire Hathaway in 2022
  + stars: | 2023-01-04 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
Warren Buffett's Berkshire Hathaway wasn't immune from the 20% stock market sell-off in 2022. These were Buffett's 10 best performing stocks owned by Berkshire Hathaway in 2022. The worst performing stocks owned by Berkshire Hathaway in 2022 included Nu Holdings and Snowflake, which both sank 57%. These were the 10 best performing stocks owned by Berkshire Hathaway in 2022. The list also includes a Berkshire holding value as of September 30, and is according to data from Whale Wisdom.
☆ Florida woman sues Kraft for $5M, saying Velveeta shells & cheese takes longer to prepare than packaging claims
  + stars: | 2022-11-29 | by ( Joseph Lamour | ) www.nbcnews.com   time to read: +4 min
On Nov. 18, Florida resident Amanda Ramirez sued the Kraft Heinz Company for at least $5 million over what she claims is deceptive and fraudulent packaging. Ramirez says that since Kraft’s Velveeta Shells & Cheese Microwavable Shell Pasta takes longer than 3-and-a-half minutes to prepare even though its packing states “ready in 3½ minutes,” that constitutes fraud. What the plaintiff focuses on is the fifth instruction, “cheese sauce will thicken upon standing” which they say constitutes a longer “ready” time than the packaging claims. “Consumers seeing ‘ready in 3½ minutes’ will believe it represents the total amount of time it takes to prepare the Product,” the suit reads. “However, the directions outlined above show that 3-and-a-half minutes is just the length of time to complete one of several steps.
☆ Kraft Heinz turns to gimmicks and nostalgia to revive its ‘dusty’ brands
  + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
Because they’re incredible.”More than half of Kraft Heinz’s business comes from just eight brands — the aforementioned three, plus Kraft Mac and Cheese, Philadelphia Cream Cheese, Heinz, Lunchables and Ore-Ida. For Kraft Heinz, which is relying on Patricio to execute a comeback, there’s a lot on the line. So we have more loyalty.”For that reason, Kraft Heinz has leaned in to promoting its legacy brands — and with sometimes outrageous marketing. Kraft HeinzOther Kraft Heinz brands have also used attention-grabbing marketing campaigns. Kraft Heinz’s brands now have a presence on gaming platforms like Roblox, in addition to social media channels and other platforms.
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