As consumers buy fresher options, food giants like Kraft and Mondelez are scrambling
As consumers buy fresher options, food giants like Kraft and Mondelez are scrambling
Quarterly earnings from several big food manufacturers will be announced this week, including the maker of Oreos and Ritz crackers, Mondelez. Kraft, Heinz and Kellogg will report their earnings later in the week. Packaged foods manufacturers have hit a rough patch in recent years as some consumers spurn big brands in favor of healthy, less processed food. One response from the food giants has been to buy up these smaller operations. But is that enough?
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
