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Kraft CEO: Increased promotional spending has not resulted in volume lift or sales growth

2015-02-14 20:11:25| Beverages - Topix.net

KRAVE Jerky founder on why he teamed up with Hershey: 'I like speed. I like things to happen big and bold and fast' While Kraft Food Group's growth outpaced that of many rivals in Q4 with organic revenue growth of 3.4% vs North America food and beverage industry growth of 2.4%, 2014 as a whole was "difficult and disappointing", said new chairman and CEO John Cahill.

Tags: or sales volume increased

 

Why Kraft, Campbell are following shoppers into dollar stores

2015-02-07 09:34:38| Agriculture - Topix.net

Anielle Troyan, a call center worker in New York, shops at discount retailers such as Family Dollar for items like soap and detergent as well as groceries like Kraft macaroni and cheese and small-sized condiments. It's "expensive to cook for one," she said.

Tags: stores dollar campbell kraft

 
 

Kraft CEO Suddenly Retires

2014-12-23 23:47:00| Food Processing

Tony Vernon replaced by Chairman John Cahill 'to accelerate change.'

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Food industry news of the week: Bumble Bee, ConAgra, Kraft

2014-12-19 16:23:56| Food - Topix.net

Days before Christmas came one of the more notable deals of recent months with Thai seafood giant Thai Union Frozen swooping for US group Bumble Bee Foods. In the US, ConAgra Foods wrote down the value of its own-label arm and Kraft Foods Group announced a new CEO.

Tags: news week food industry

 

Kraft chairman John Cahill named company's next CEO

2014-12-19 02:56:52| Food - Topix.net

Kraft Foods names John Cahill as CEO effective Dec. 27. He succeeds Tony Vernon, who will stay as senior advisor through March 31 and director through the 2015 annual meeting. Bloomberg's Julie Hyman reports on "In The Loop."

Tags: john named ceo chairman

 

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