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-0.000518672199170144 -0.000518672199170144 0 0.000864453665283492 -0.00103734439834029 -0.00466804979253117 -0.00525414937759334 -0.00412863070539415
Stock impact report

To win back consumers, big brands should invest in R&D and innovation [TechCrunch Blog]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: TechCrunch Blog
Or: What I'd do as the CEO of Kellogg's Ryan Caldbeck Contributor More posts by this contributor The world of consumer goods is changing. Consumer tastes are becoming more and more fragmented and big incumbents continue to lose market share to upstart brands . It’s often difficult for these incumbents to figure out how to respond. CPG is full of smart people but many of the biggest brands have seen their sales stagnate or decline over the past several years. Consumer companies can increase profit and deliver shareholder value by either growing in revenue or cutting costs, but the strategies these companies have taken to try to turn the tide just aren’t working. When they innovate, they only make incremental changes to products (like reducing the fat of a potato chip), instead of offering consumers new products that they actually want. Or they spend billions on advertising to convince consumers that they should buy already existing products. If the Show less Read more
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