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Jesse Newman

๐Ÿ‘ค Speaker
137 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Kraft was a cheese seller in Illinois.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

He started out selling cheese out of a horse-drawn wagon, as one did.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And our protagonist, James Kraft, he went on to make processed cheese and then to make mac and cheese.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And so Kraft mac and cheese as we know it was introduced in 1937.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

When it was released, it cost 19 cents a box.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And it became wildly popular during the Great Depression and during World War II.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

People are looking for fresher food, healthier food.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They want cleaner labels, simpler ingredients.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And a lot of Kraft's products, including Kraft mac and cheese, just comes to be seen as sort of the epitome of productivity.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

This was true of many of their brands.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Think Jell-O, Kool-Aid.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

We loved them as kids, but a lot of parents were already reaching for healthier options.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And I really can't overstate how big a deal this is in the food industry.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

This is supposed to be sort of a new chapter for many of these brands.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Executives at the time said that the merger was going to make the brands more relevant.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

It was really going to rescue what, you know, already at this time, in some cases, were ailing brands.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They pretty quickly start to eliminate a lot of jobs.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They close plants.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And it's a big change at the start of Kraft Heinz Life.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And did that strategy improve the business?