After two years of price increases, Kraft Heinz management says it's done raising prices.
Thanks to private label, the manufacturer of ketchup and mac-and-cheese has confirmed that it will not be raising prices any further in 2023.
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Kraft Heinz is an American multinational consumer products company that primarily produces packaged foods. The company is a result of a merger of Kraft Foods and Heinz orchestrated by 3G and Warren Buffett. Its keystone brands include Oscar Meyer, Heinz Ketchup, Kool-Aid, and Philadelphia cream cheese. The company regularly records revenue over $25 billion a year.4 posts
The business, politics and technology behind the things we buy every day.