General Mills is an international food company. Founded by Cadwallader C. Washburn and James Ford Bell in 1866, General Mills is a public company, listed on the New York Stock Exchange as GIS. The head office for General Mills is located in Minneapolis, Minnesota, USA.
General Mills disappointed the market this week (20 December) when the US group lowered its full-year revenue outlook on the back of a 7.1%...
General Mills has announced plans to reorganise its business in a move the US company said would enable it to capitalise on its internationa...
Republican Donald Trump has beaten front-runner Hillary Clinton in the race to become the forty-fifth President of the United States of America. His eleventh-hour election success defied the pollsters as first the key swing state of Florida fell, followed by North Carolina, Ohio and finally Pennsylvania. With big business largely backing Clinton, pundits are framing Trump's win as further evidence of disillusionment with the so-called political and business classes. just-food examines the implications of the election result for the global food sector.
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager at semiconductor firm Texas Instruments. After being taken up by US president Jimmy Carter in the 1970s, the method fell into obscurity. Recent years have seen it experience a revival in the food industry. In this series of articles, just-food examines zero-based budgeting and asks if it is a miracle diet for packaged food companies seeking a shapelier margin profile.
General Mills booked a 7% drop in first-quarter net sales last week, with sales down 4% on an organic basis. The US company has repeatedly insisted it is taking action to address problem areas in its portfolio, such as yogurt and cereal. But this latest set of numbers underline the challenges the group faces. Here are just-food's key takeaway's from General Mills' first-quarter results.
Sustainability concerns pervade every aspect of a food company’s operations so opportunities and approaches to engage employees in sustainability are immensely varied. Here, just-food looks at the different ways six global food manufacturers seek to engage their workforce in their sustainability aims.
John Haugen, vice president and general manager of General Mills' investment arm 301 Inc., speaks to Hannah Abdulla about how backing start-ups helps the US food giant shape its future growth portfolio and why the first two companies it is supporting - Rhythm Superfoods and Good Culture - are deemed the perfect fit.
Last year, General Mills announced it was refocusing innovation unit 301 Inc. from developing in-house brands to centre on providing capital to emerging food brands and create "breakthrough innovation in the food space". Since then the unit has made two significant investments with plant-based snacks firm Rhythm Superfoods, and this month, cottage cheese maker Good Culture. In a two-part interview with Hannah Abdulla, 301 Inc.'s VP and general manager John Haugen tells us what prompted these investments and more about the direction in which the investment vehicle is headed.
US-based food group General Mills has unveiled a swathe of global product launches as it aims to capitalise on what it believes are key snacking trends.
General Mills is launching Yoplait Liberté yogurt pouches in the UK in a bid to appeal to the adult snacking market.
General Mills today (20 December) lowered its forecasts on key sales and operating profit metrics after a second quarter of falling sales across the business and a slump in profits from its international operations.
Between 400 and 600 jobs at General Mills are set to be affected as the US food giant embarks on a revamp of its business to try to "maximise global scale".
US snack food company NightFood is to acquire Suffield Foods and Hook Marketing, which manufacture and distribute Fiber One ice cream under licence from General Mills.
There is "a shocking difference in levels of salt and sugar" in breakfast cereals sold in nearly 30 countries by Kellogg and Cereal Partners Worldwide, a study published today (29 November) has claimed.
General Mills-backed yogurt business Yoplait has made changes to the recipe of its Petits Filous line on sale in the UK.
Fifteen companies have been named as members of the "inaugural class" of US Food Loss and Waste 2030 Champions – a national campaign to recognise US businesses and organisations pledging concrete steps to reduce food loss and waste in their operations by 50% by 2030.
General Mills is targeting health-conscious adults in the UK with the launch under its Yoplait brand of the low-sugar Super Fruitii yogurt line.
Shares in US food majors including Mondelez International and General Mills rose yesterday (8 November) after Brazilian reports suggested investment firm 3G Capital is raising US$8-10bn to fund more acquisitions.
General Mills' moves to restructure its international manufacturing network is to take in the US group's operations in Australia, with a plant in the country to close by next June.
UK family-run baking firm Country Style Foods has bought the former Jus-Rol production facility in the English town of Berwick-upon-Tweed from General Mills.
Chris O'Leary, the head of General Mills' operations outside the US, is to leave the Old El Paso and Cheerios maker at the end of the year.
General Mills is to increase production of breakfast cereals at a plant in the US.
A coalition of 40 institutional investors representing US$1.25trn in funds is urging 16 multinational food companies – including Kraft Heinz, Unilever, General Mills and Nestle – to take action on the "material risks" posed by industrial animal production.
General Mills has added to its under-pressure soup range in the US with the launch of Good Natured, which the company says will help boost vegetable consumption among shoppers.
General Mills reported lower first-quarter profit today (21 September) as sales failed to meet the company's expectations.
US cottage cheese maker Good Culture has secured additional funding from existing investor 301 Inc. – the investment vehicle of General Mills.
General Mills has confirmed it will shut a factory in the US manufacturing soups sold under the Progresso brand.
Boulder Investment Group Reprise (BIGR), led by the former managers of an investment arm of US food group Boulder Brands before its acquisition by Pinnacle Foods, has raised more than US$55m for a new fund to invest in natural products start-ups across the US.
Canadian dairy processors have expressed their concern regarding the imposition of another increase in the minimum price they must pay for butter and skimmed milk powder
General Mills is targeting so-called "tweens" in the US with a Yoplait line that has been rolled out into the country's retail and foodservice channels simultaneously.
General Mills is reportedly preparing long-time executive Jeff Harmening to succeed Ken Powell as CEO.
US cereal giant Kellogg's revealed plans to open a cafe in New York City, located at a prime location on Broadway.
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