Business
It’s Toasted

SnackTime

“It’s the pre-internet age, pre-video, early-video-game world, right?”

Football player laying in cheez-its / cheez-its bowl
(David Rosenblum/Icon Sportswire via Getty Images)

The only thing Americans can agree on is that they all like Cheez-Its

Taco Bell collabs, pop-up shops, and lots of nostalgia are keeping the cracker in the minds and mouths of consumers.

Saleah Blancaflor

Snack brands face a constant challenge to reinvent themselves to attract young customers. But beyond revamping packaging or creating relatable but sometimes cringey social-media presences, one brand has managed to stay above the fray: Cheez-It.

This year alone, Cheez-It launched two activations (think: a campaign, event, or interaction that generates brand awareness). It collaborated with Taco Bell on a Big Cheez-It Crunchwrap Supreme (basically a regular Crunchwrap Supreme but with a giant Cheez-It cracker wrapped in the flour tortilla) and a Big Cheez-It Tostada (a giant Cheez-It topped with ingredients like beef and vegetables), which rolled out last month. In May, the brand debuted a limited-time-only Cheez-It diner in upstate New York that featured Cheez-It-inspired décor, milkshakes, and traditional diner-food items that incorporated the cracker.

Last year Cheez-It teamed up with Nail Inc. for a nail-polish collection that featured appropriately themed orange and red. They hosted a pop-up gas station in Joshua Tree park with a gas pump that dispensed bags of crackers.

Staying relevant is a challenge for a brand like Cheez-It, which is over 100 years old.

Beyond activations, Cheez-It has been consistently coming up with fresh variations of its product. The brand has an ongoing partnership with Hidden Valley; Cheez-It x Hidden Valley Ranch Crackers debuted in June. In January, “extra crunchy” Cheez-It crackers hit shelves, following “snap’d (a more chip-like cracker) and “puff’d” (more like a cheese puff) varieties. 

The truth about Cheez-its
26 x 24 mm
No it is not a square. Yes that is messed up.

Cara Tragseiler, a senior brand director for Cheez-It, said consumer data helped shape the creation of the new cracker. The “Kellanova Proprietary Salty Snacks Demand Landscape Research” study from 2021 suggested that 60% of snackers preferred something crunchy. Tragseiler said Kellanova is focusing on how “Cheez-It can create unique experiences and transform snacking occasions.”

But it’s the Taco Bell collab and pop-up diner that’ve become popular fodder for food critics and food content creators, especially on TikTok and Instagram Reels. While such marketing activations can cost thousands of dollars, it may be worth it given the traction they get on social media.

Staying relevant is a challenge for a brand like Cheez-It, which is over 100 years old. Last year, its parent company, Kellogg, split into two independent publicly traded companies — WK Kellogg Co and Kellanova — with the former focused on the cereal business and the latter on the global snack brands Cheez-It, Pringles, Pop-Tarts, and Rice Krispies Treats. 

In its latest quarterly earnings report, Kellanova reported $3.2 billion in revenue, a 4.3% decline from the year before, but still slightly exceeding initial expectations. Its organic net sales rose 5.4%, which signaled underlying growth. 

During the earnings call in May, Kellanova CEO Steven Cahillane seemed confident and optimistic about the growth and trajectory of the brand after two quarters following the spinoff. 

cheez-its diner
The Cheez-In Diner in Upstate New York. (Motion Bazaar/Ryan Gregory)

He talked about how the brand’s crackers and salty snacks saw an “upward trajectory” — specifically citing increasing merchandising for Cheez-It.

Eric Dahan, the founder and CEO of creator commerce agency Mighty Joy, said that the marketing team behind Cheez-It — and Kellanova as a whole — is clever enough to know how to launch exciting collabs and activations. 

“There’s clearly a big drive happening here,” Dahan said. “It is quite smart to be tapping into these cultural moments. I also think it's smart to be expanding the brand because there is a lot of competition from others making these sorts of snacks.”

Brands like Cheez-It have an aging audience that tend to respond to nostalgia marketing campaigns, but they also need to reach younger folks like Gen Z, an age group who has a strong interest in experiencing the periods they didn’t grow up in, Dahan said. 

“Gen Z does have a lost nostalgia especially for the ’90s because they didn't really grow up in the ’90s,” Dahan said. “It's the pre-internet age, pre-video, early-video-game world, right? Brands really benefit from understanding and tapping into that.”

Cheez-It has been successful in evoking emotion, which goes back to the point of nostalgia and brand recognition. 

Interestingly, despite the demand for organic, healthier snacks, Cheez-It has not attempted to tap into the “better for you” food marketplace. Todd Irwin, founder and chief strategy officer of Fazer, a New York brand strategy and creative agency, said it’s impressive that Cheez-It has managed to maintain its popularity especially considering health trends.

“The battle to stay relevant and not have to completely change their ingredients profile is a battle that's been going on for at least 20 years and maybe longer,” he said. “It increasingly becomes more relevant year after year because of health trends — especially the trends against ultraprocessed food. So what do they have to do? They have to figure out ways to become relevant to Gen Z and young people.” 

Irwin said that Cheez-It has been successful in evoking emotion, which goes back to the point of nostalgia and brand recognition. 

“If you’re talking about products that don’t have any health benefits at all, they’re constantly trying to find handles on how to attach the brand to an emotion with something as specific as a food or artist,” Irwin said.

He pointed to how PepsiCo brands like Mountain Dew have successfully partnered with popular celebs like Nicki Minaj, Lil Wayne, and Tony Hawk through the years. 

“People want to be associated with brands that are associated with the people they look up to, so it's all about brand association,” Irwin said. “With Cheez-It, it’s ‘how do we associate ourselves with Taco Bell enthusiasts?’”

Finally, he added that the diner experience is smart, too, because it’s marketed as a local country diner that generates word of mouth. 

“Just doing things off the beaten path, as opposed to just straight advertising about your flavors,” Irwin said. “People want fun, and that’s the bottom line.” 


Saleah Blancaflor is a freelance journalist who covers business, entertainment, culture, and lifestyle.

More Business

See all Business
business

Ford drops as its EV sales tumble more than 60% year over year on the end of the tax credit

As expected, Ford’s EV sales continued to fall in November, dropping more than 60% year over year to 4,247 vehicles. That’s around 10% less than October’s figure. Ford shares are down about 2% on Tuesday morning.

Ford sales are being weighed down by the elimination of the $7,500 EV tax credit at the end of September, as well as the aluminum fires at the New York plant of its primary aluminum supplier.

The company’s total November sales figure ticked down 0.9% to 164,925 vehicles, about 10,000 below October’s total.

business

Instacart falls as Amazon announces ultrafast delivery testing in major US cities

Shares of Instacart were down as much as 4% in early trading on Tuesday after e-commerce giant Amazon outlined plans to test ultrafast delivery offerings in parts of Seattle, Washington, and Philadelphia, Pennsylvania.

On Monday, Amazon released a statement announcing that deliveries of “household essentials and fresh grocery items” in approximately 30 minutes or less are now available in certain areas.

The ultrafast offerings come as part of Amazon Now, the company’s same-day grocery delivery service, which has been looking to expand since moving into selling perishable goods like eggs, milk, and fresh produce earlier this year.

While Instacart had a stronghold on rapid grocery delivery for years — following a solid debut on the Nasdaq back in 2023, the stock has risen gradually on some better-than-expected results — analysts have been wary that its retail offerings won’t be able to match Amazon’s incredible reach.

Amazon’s ultrafast service will build on its Prime model, with the statement detailing that Prime members will get discounted delivery fees, starting at $3.99 per order — compared with $13.99 for non-Prime customers.

Far from the first, and certainly not the last, it seems that Instacart might have just gotten “Amazoned.”

Zepbound vial

Eli Lilly slashes Zepbound vial prices on its direct-to-consumer platform

It’s the latest move in an ongoing price war between the two drugmakers that sell the incredibly lucrative medications.

Man's Brain Powerplant

The idiot’s guide to AI jargon

Don’t like politics at the Thanksgiving table? Here’s some performative AI jargon for you to weaponize so you can win the day.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.