Kraft Heinz divests coffee brands to finance its recovery
Kraft Heinz is divesting most of its North American coffee operations. The sale of brands such as Maxwell House, Gevalia, and Tassimo is intended to reduce its debt burden and…
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McCain teams up with Alison Hammond to launch free chips-only restaurant in London
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As predicted, the large-scale cyberattack on European supermarket refrigeration systems is taking on geopolitical implications. Two pro-Russian hacker groups have claimed…
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Shein to invest €500m in European hub as EU parcel charges hit profits
Shein is investing €500m to expand its European logistics hub in Poland to counter rising EU import charges and speed up deliveries. It said the investment would significantly…
Caputo Cheese debuts 2 oz. Burrata
Burrata has a delicate outer shell of Fresh Mozzarella with a rich, creamy Stracciatella center.
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Boots “want to redefine what people expect at Christmas”
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Welcome Break’s Rotherham MSA facility achieves LEED v4 Gold Certification
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Kraft Heinz to sell North American coffee business to private equity firm
The food giant is offloading brands including Maxwell House and Sanka in a deal that values the segment at $650 million.
Kroger taps RFID, computer vision data to boost inventory management
The grocery chain is providing machine learning insights to suppliers to improve availability while piloting radio frequency identification at 1,500 store bakeries.
Kraft Heinz To Divest North America Coffee Unit Amid CEO's Turnaround Effort
Kraft Heinz plans to divest its North American coffee business at an enterprise value of $650 million to One Rock Capital Partners.