Economy
Related: About this forumRetailers could feel Kraft-Heinz merger 'pinch'
http://supermarketnews.com/supplier-news/retailers-could-feel-kraft-heinz-merger-pinchWhile there have been other big mergers in the CPG industry, the Kraft Foods Group and H.J. Heinz Co. deal is a game changer.
If it can happen to Kraft, it can happen to anyone, Don Stuart, managing partner at Cadent Consulting Group, Wilton, Conn., said of possible other takeover targets.
Heinz and Kraft announced Wednesday that they agreed to merge in a deal that will form The Kraft Heinz Co., the fifth largest food and beverage firm in the world and the third largest in North America.
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and I believe an important statement here.....
3G is known for buying consumer companies and aggressively slashing costs. It will strip Krafts costs to the bone, both in terms of people and capabilities, said Stuart, just as it did when it led the takeover of Anheuser-Busch and Heinz, said Stuart.
Enthusiast
(50,983 posts)Eventually there will be one gigantic malevolent corporate entity that will control virtually everyone and everything.
Sherman A1
(38,958 posts)as more and more consolidations occur.
customerserviceguy
(25,183 posts)Hell, I even get Hunt's ketchup at the Dollar Tree, no sense in paying Heinz 2-3 times the cost for the same product. As for a lot of the stuff that Kraft makes, there are alternatives that support small local businesses, that are probably slightly better for you. Whenever I'm travelling by car to a faraway area, I hit the local upscale markets for locally-produced salad dressings that reflect the flavors of the ingredients grown in those areas.
AwakeAtLast
(14,112 posts)I'm imagining I will be buying a lot more Red Gold in the future (Indiana grown and packaged).
Spitfire of ATJ
(32,723 posts).....because Kerry was a Commie and FRENCH.
Dustlawyer
(10,493 posts)stillwaiting
(3,795 posts)We have zero within the Republican Party today.
And, we have a massive dearth of it within the Democratic Party today.
We'll have to build progressive awareness outside of the Democratic Party and fight like hell to reform the D Party or we're screwed.
marmar
(76,982 posts)...... but in reality all those products with different brand names are owned by a few companies.