Kraft Heinz CEO Miguel Patricio warned that because of persistent inflation, there will be more price increases in 2023 amid ongoing challenges that are hampering the food industry. “We’ve already increased the prices that we were expecting this year, but I’m predicting that next year inflation will continue, and as a consequence [we] will have other rounds…
Kraft Heinz CEO Says More ‘Rounds of Price Increases’ Coming as Inflation ‘Will Continue’
Kraft Heinz Recalling Contaminated Capri Sun Juice Pouches
Kraft Heinz is recalling thousands of pouches of Capri Sun in the U.S. after some cleaning solution accidentally mixed with the juice on a production line. The company said it’s recalling about 5,760 cases of Capri Sun Wild Cherry flavored juice blend. The “Best When Used By” date on the packages is June 25, 2023….
Batches of Kool-Aid and Country Time Lemonade Mixes Recalled Due to Potential Foreign Material
Kraft Heinz is recalling batches of some of its Kool-Aid Tropical Punch powdered beverages and Country Time Lemonade due to the potential presence of foreign material, a spokesperson told NPR. The recall includes some powdered drink mixes sold in 19-ounce, 82-ounce, and on-the-go sticks because of small particles that may have been present during production, said…
Consumers Should Expect Higher Food Prices, Says Kraft Heinz Boss
Shoppers should expect to see higher food prices, according to the Kraft Heinz chief. Miguel Patricio said the firm is “raising prices, where necessary, around the world” of products including ketchup and baked beans. Patricio said this was because of a lack of truck drivers in the UK, labor shortages, and an increase in logistics…
Heinz Kraft Increases Prices on Heels of $62 Million Securities Settlement
Pennsylvania-based Kraft Heinz company announced Wednesday that effective immediately, it has increased prices in about two-thirds of its U.S. portfolio and is prepared to take additional actions if the cost of manufacturing its products continues to rise. “We are implementing necessary pricing actions to manage the cost inflation we are currently seeing, including impacts likely…
Kraft Heinz to Mandate COVID-19 Vaccines for Office Employees
August 28, 2021
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Kraft Heinz Co. said on Friday all U.S. employees will need to be fully vaccinated against COVID-19 before returning to offices in January. The packaged-food maker’s announcement comes days after the U.S. Food and Drug Administration granted full approval to the Pfizer Inc/BioNTech SE vaccine, a certification that public health officials hope will convince unvaccinated…
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