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Kraft Heinz invests in packaged foods even as consumer habits change

from Pittsburgh Tribune‑Review

Kraft Heinz Co. is beefing up its offerings of packaged foods despite a shift by consumers to fresh fare. CEO Bernardo Hees said there are a number of packaged food categories where "consumption trends are working against us." But he told analysts on a conference call to discuss quarterly results that, "our big bets investments are starting to gain traction." more

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