Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value ...

A new brand of macaroni and cheese is winning market share and taking over shelves with its colorful boxes, cheeky names and focus on young adults ...

There is a precedent here — ironically from Chicago-based Mondelez. After Kraft was spun off, Mondelez retained the sexier ...