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Jessica Mendoza

๐Ÿ‘ค Speaker
5803 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Though profits were up, over time, sales declined.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

In 2019, Kraft Heinz was forced to write down the value of its assets by $17 billion, in part because of some accounting errors.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

At the time, Kraft Heinz executives said that the changes to the food industry had a stronger impact on the company's brands than they anticipated.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

The pandemic brought some relief.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Consumers turned back to home cooking and nostalgic comfort food, including those beloved blue boxes.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

In 2020, the president of U.S.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

business at Kraft Heinz told investors that the company had online sales that totaled to nearly 90 million pounds of mac and cheese.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

He said that was equivalent to 41 statues of liberty.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

But even as Kraft mac and cheese was seeing a surge, new competitors were eyeing the market.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

One of them was a former Kraft employee named Paul Earle.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

And there, Earl had an idea.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

He bought a few brands of mac and cheese and took them home.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Goodles launched in 2021.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

It cost more than twice as much as Kraft's, but it advertised itself as more nutritious with higher protein and also as more grown up, offering flavors like Parmesan and Cacio e Pepe and names like Shella Good and Twist My Parm.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

To supercharge its launch, Google's enlisted the help of Wonder Woman.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Actor Gal Gadot signed on as a Goodall's brand ambassador, praising the mac and cheese to her millions of followers on social media.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

How was Goodall's viewed by Kraft Heinz executives?

The Journal.
How Kraft Lost Its Mac and Cheese Crown

Were they like concerned about this new kind of upstart in their space?

The Journal.
How Kraft Lost Its Mac and Cheese Crown

After talking to Jesse about Goodles and Kraft mac and cheese, I decided I had to do a taste test.

The Journal.
How Kraft Lost Its Mac and Cheese Crown

In the spirit of impartiality, I asked my husband to whip them up for me.