Heinz ketchup had a major decrease in sell of their condiments. Due to the economic recession many people are no longer paying for the expensive name brand condiments and are now looking to pay for the store brand products. Heinz earned only 55 cent per share this year as opposed to last year earning up to 61 cent per share. Heinz doesnt plan on cutting prices, they plan on marketing and using different kind of packages to keep the consumers buying.
I chose this article because i found it intriguing how even the smallest things in the country are effected by recession.
I do not agree with this article i feel Heinz should cut prices if they plan on staying around.
This was presented fairly given facts and different opinions on the Heinz.
I would use this source again i feel it was an interesting article.
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yeah people are trying to save money any way possibel
ReplyDeleteeven though I hate ketchup, I still feel that they should lower the price if they want to make that money
ReplyDeleteLate. Grade: 6
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