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The rise of zero-based budgeting

General Mills on Q1 sales, innovation plans, margins – 8 things to learn

General Mills on Q1 sales, innovation plans, margins – 8 things to learn

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. 

Nestle sets new savings target

Nestle has outlined plans for cost savings that are deeper than analysts expected, with the world's largest food group looking to put some of the money into supporting its brands.…

Unilever’s Q1 sales – the top takeaways

Weak consumer sentiment in some emerging economies and growing demand for value from consumers in developed markets weighed heavy on Unilever's list of first-quarter woes, alongside ongoing challenges in its spreads…