By Jessica DiNapoli
NEW YORK CITY (Reuters) – Kraft Heinz is no more making its packaged lunch brand name Lunchables for low-income pupils getting complimentary and reduced-priced dishes from a government program, according to a firm declaration, the most up to date strike to among the business’s most famous items.
Chicago- based Kraft Heinz revealed strategies to market to the college lunch program early in 2014 at a market meeting, stating it would certainly target the $25 billion academic market.
But need disappointed the packaged food supplier’s assumptions, the business stated, as it aims to revitalize its well-worn brand names like Lunchables, Jell- O and Crystal Light, and expand sales quantities, which have actually failed after several cost walks.
(Reporting by Jessica DiNapoli in New York; Editing by Chizu Nomiyama)
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