Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
Cadbury owner Mondelez International has claimed its new sustainability programme will "help secure the future of the cocoa industry". The company yesterday (19 November) launched Cocoa Life, an initiative to "improve the livelihoods" of ...
American food company Kraft Foods has announced that its board of directors have approved the spin-off of its North American grocery business. The spin-off is scheduled to be completed on 1 October 2012. The split will result in the ...
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand
Peanut butter just got a makeover,as Planters introduces a new PB that has a bit of a punch.Created for adventure-seekers,the new line is the first national brand to add wholesome ingredients like bananas,granola,berries,raisins,cinnamon ...
Tags: Kraft Foods, peanut butter line, adventure-seekers, NUT-rtition line
Kraft Foods has said the split of the company in two, creating a North American grocery company and a global snacks manufacturer, will take place in October. The establishment of US grocery business Kraft Foods Group and international ...
Tags: Kraft Foods, snack, food, split in two
Kraft Foods is injecting further impetus behind its Milka chocolate brand in Europe with the launch of a biscuit and cake range in France. The new lines include three cake products and two biscuit variants. The launch proves Kraft is ...
Tags: Kraft Foods, chocolate, biscuit, cake