In advance of its 2012 spin-off, Kraft Foods' board of directors identified the chairmen and chief executive officers for its future global snacks and North American grocery companies.
Crain's Chicago Business reported that Kraft Foods Inc. may move some corporate offices from suburban Northfield, Ill., to downtown Chicago following a 2012 spin-off of its North American grocery business.
Target Corp. is “very pleased” with its stores’ food sales and plans to roll out enhanced assortments of dry grocery, frozen foods, dairy products, meat and produce in future new and remodeled stores.
Supermarket industry media reported yesterday that the Food Marketing Institute (FMI) and the Grocery Manufacturers Association (GMA) signed a "joint memorandum of understanding" to consider merging their annual executive conferences.
Citing a need to trim costs, Kraft Foods Inc., Northfield, Ill., said it soon expects to eliminate 400 jobs, or about 1 percent of its 46,000-employee North American workforce.