BUSINESS NEWS

Supply-Chain Challenges Cost Kraft, Kellogg in Cream Cheese, Cereal Sales



Big food companies’ struggle to meet surging demand is costing them business, executives said, as consumers instead buy what’s on shelves.

Kraft Heinz Co. said it lost market share in some supermarket categories last year, adding that the food giant couldn’t make enough Lunchables or Philadelphia cream cheese to meet demand in recent months. Kellogg Co. said some of its iconic cereal brands have lost ground in U.S. grocery stores, after a strike among factory workers and a fire slammed its production capabilities last year.



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