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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

And that is the beginning of a mac and cheese product, a brand called Goodles.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And Goodles, as you might guess from the name, they pitch it as this really fun, healthier take on an old classic.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They call it Noodles Gooder.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They hit on what they think is a really key insight, which is that mac and cheese isn't just for kids.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They think there's a whole different group out there that is either secretly eating mac and cheese, this being sort of young adults, and so they target a very different population.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And Google says, look, we're bringing in this higher income consumer, this younger consumer.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

It's exactly the type of consumer that grocery stores are trying to bring back to the center of the store.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

It's exactly the type of consumer that, you know, some of the incumbents are losing.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

executives weren't super worried initially.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Now, employees at Kraft Hans, that was another story.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

That's after the break.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

So the Chetty Mac, it was decided, tasted pretty good.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

On the other flavors, you know, opinions varied.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And the sense was that there was more work that was needed.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And it was particularly the texture that was described to me as a bit iffy.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They started telling executives at Kraft Heinz, hey, you know, we might have a problem here.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Every major retailer has a new mac and cheese brand.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

You know, they've been dealing with competition from Annie's.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And more broadly, they're seeing that consumers are, they're leaving the mac and cheese category altogether.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

They are turning to other quick foods like ramen, which comes on the scene with a lot of new exciting flavors.