Categories: Core TopicsHealthcare

Tougher times ahead for Kraft-Heinz and other processed food colossi

For many, many years the food sector was unassailable. Shelf space in stores was limited; advertising was expensive. Little brands didn’t stand a chance… The industry was protected for so long it didn’t have to worry so much about costs.

—Alexia Howard, an analyst at Sanford C. Bernstein, speaking to Bloomberg Business about the end of easy times for processed food giants like Kraft-Heinz, which is primary owned by Warren Buffett’s Berkshire Hathaway and 3G Capital.

 

Andrew Villeneuve

Andrew Villeneuve is the founder and executive director of the Northwest Progressive Institute, as well as the founder of NPI's sibling, the Northwest Progressive Foundation. He has worked to advance progressive causes for over two decades as a strategist, speaker, author, and organizer. Andrew is also a cybersecurity expert, a veteran facilitator, a delegate to the Washington State Democratic Central Committee, and a member of the Climate Reality Leadership Corps.

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