Why tactical moves on price are no substitute for strategy
Major US food companies are starting to reduce prices and increase promotional activity after several years of sustained price increases.…
General Mills
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General Mills’ outlook for “improvement” fails to convince investors
An “improvement” was the operative word for General Mills as it peers into the fourth quarter and new fiscal year…
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General Mills offloads Brazil assets to Grupo 3corações
General Mills has sold its business in Brazil to local food-and-drinks company Grupo 3corações. The transaction includes two production facilities…
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Kraft Heinz and the structural reckoning facing legacy CPG
For much of the past decade, Kraft Heinz – which earlier this month put its idea to split in two…
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General Mills wipes out prospects for growth amid “challenging backdrop”
General Mills has wiped out any prospect of organic sales growth this year as volumes take longer to recover than…
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PE-backed Violet Foods buys Muir Glen from General Mills
US tomato-products firm Violet Foods has acquired the Muir Glen brand from General Mills. In a statement issued yesterday (27…
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Why US corporate enthusiasm matters more than federal pilot for regenerative agriculture
The US government has launched a $700m pilot to provide federal support to regenerative farming – but packaged food companies…
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Industry defends corner as San Francisco lodges UPF lawsuit
The Consumer Brands Association has defended the corner of CPG manufacturers as San Francisco takes legal action over ultra-processed foods.…
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Three General Mills plants for chop in push on costs
General Mills is to shut three factories in the US as part of the company’s bid to cut costs and…
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General Mills’ volume challenge persists but CEO bullish on progress
General Mills is optimistic its investment programme to restore volume growth will improve through the fiscal year after another testing…