
©AP Photo/Gene J. Puskar, File
Vocabulary:
I will read the words, meanings, and sample sentences. Then, repeat after me.
- paradigm /PAR-uh-dahym/
[noun] – a model of something, or a very clear and typical example
The internet changed the business paradigm for many companies. - momentous /moh-MEN-tuhs/
[adjective] – very important because of effects on the future
The leader’s momentous speech inspired the entire country. - formidable /FAWR-mi-duh-buhl/
[adjective] – causing fear or respect due to being large, powerful, or difficult
The team faced a formidable opponent in the final match. - repercussion /ree-per-KUHSH-uhn/
[noun] – the effect that an action, event, or decision has on something
Breaking the rules had serious repercussions for the student. - enduring /en-DOOR-ing/
[adjective] – lasting for a long time
Her enduring love for music inspired her career.
Article Reading:
Please read the whole article. Then, I will check your pronunciation and intonation.
Kraft Heinz confirmed that it will split into two independent companies during the second half of 2026, ten years after the famous merger of Kraft and Heinz created one of the largest food manufacturers in the world. The announcement followed a strategic review launched in May. Global Taste Elevation Co. will manage faster-growing brands such as Heinz ketchup, Philadelphia cream cheese, and Kraft Mac & Cheese. North American Grocery Co. will handle slower-selling products like Oscar Mayer, Maxwell House, Kraft Singles, and Lunchables. Company leaders explained that declining revenue and the shift toward healthier food choices had forced this change. Since 2020, annual revenue has decreased, while experts linked this to competition from cheaper store brands and evolving consumer habits.
The restructuring is expected to create sharper focus and efficiency, allowing investment in stronger categories. Analysts described the situation as a paradigm shift for the food industry, where old strategies no longer ensure success. The original merger in 2015, once considered a momentous decision, soon revealed a formidable set of problems, including cost pressures and limited innovation. Some observers warned of repercussions for employees during the long transition period, while others said the famous brands remain enduring and may find stability under new ownership. Experts pointed to similar industry cases, such as Kellogg’s split in 2023, as evidence that breaking companies apart can sometimes unlock growth. The future of Kraft Heinz will depend on leadership decisions, investor confidence, and how well the two new businesses adapt to changing consumer demand.
The restructuring is expected to create sharper focus and efficiency, allowing investment in stronger categories. Analysts described the situation as a paradigm shift for the food industry, where old strategies no longer ensure success. The original merger in 2015, once considered a momentous decision, soon revealed a formidable set of problems, including cost pressures and limited innovation. Some observers warned of repercussions for employees during the long transition period, while others said the famous brands remain enduring and may find stability under new ownership. Experts pointed to similar industry cases, such as Kellogg’s split in 2023, as evidence that breaking companies apart can sometimes unlock growth. The future of Kraft Heinz will depend on leadership decisions, investor confidence, and how well the two new businesses adapt to changing consumer demand.
Discussion Questions:
I will read each question. Then, please answer them.
- Have you ever seen a company change its products or services? If so, what change did you notice? If not, what change would surprise you?
- Have you ever tried food from a famous brand? If so, what did you think about it? If not, what kind of food would you like to try?
- Do you agree that splitting a big company can create more success?
- Why do you think people sometimes stop buying products from famous brands?
- Do you think smaller companies can compete better than very large companies? Why or why not?
Summarization:
Please summarize the whole article using your own words and expressions. You will have one minute to prepare before you answer.
Describe:
Please explain the definition of each word listed below based on your understanding. You can provide example sentences if needed.
- confirm
- independent
- revenue
- stability
- demand