Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value. Learn more about KHC stock here.

Kraft Heinz Co. is reportedly exploring a significant corporate restructuring, potentially splitting into two entities: a grocery division and a Taste Elevation segment.

Kraft Heinz Co. is preparing to break itself up, people familiar with the matter said, as the US food company looks to combat shifting consumer sentiment and reverse a sagging share price.Under the plan,