After struggling to compete in recent years, General Mills is ready to return to growth along side the categories in which it plays by launching better tasting, healthier products, boosting its advertising and in-store merchandising, and diversifying...
International House of Pancakes (IHOP) expands beyond its diner tables to retail store shelves with a line of CPG products created with General Mills, Kraft Heinz and PepsiCo, including Mini Pancakes cereal, Signature Blend coffee, Lay's potato chips...
Full volume recovery for packaged food could take upwards of 18 months as consumers struggle to adjust to higher prices due to inflation – requiring CPG companies to be more flexible and reinvest in their brands as they did during the pandemic, and forcing...
General Mills is ready to “unleash” the growth potential of its carefully constructed digital capabilities, including e-commerce, data-driven marketing and supply chain digitization, in which it has made “significant investments” over the past five years,...
Kellogg’s, General Mills, Nestle USA and Kraft Heinz are seeking more than $110m in damages from US egg producers accused of artificially inflating prices.
General Mills eked out low single-digit sales gains in the first quarter thanks in part to higher prices pushed through late in fiscal 2023 to offset inflation, but the gains cost the company volume and market share as consumers become “increasingly cautious,”...
Executives from General Mills and calling for patience – not promotions – to help reverse volume declines that for months have plagued the food and beverage industry across categories, but which so far have been sufficiently offset by price increases.
The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support...
General Mills is bracing for double digit inflation in the back half of the year, but rather than automatically raise prices again – although that remains an option – the CPG giant plans to work with suppliers to find mutually beneficial solutions.
Some of the biggest names in the bakery and snacks industries – including Mondelez, Quinn, ADM, PepsiCo, General Mills and Wildfarmed – have signed up to promote the importance of better-for-you farming processes. But there’s so much more to be achieved.
Childhood hunger is a serious problem in the US, so at first blush it may appear flippant that General Mills created a full-sized slide that extends from a giant cereal box into a bowl of heart-shaped Cheerio pillows to raise awareness and funds for the...
General Mills is gaining market share and driving higher sales despite ongoing supply chain challenges and price hikes thanks in part to strategic investments in brand building and digital consumer engagement, including through a new rewards program,...
While many CPG companies understandably spent the last three years putting out fires, General Mills simultaneously prioritized introspection – taking on projects that CEO Jeff Harmening acknowledged are “hard to put in a spreadsheet and algorithm,” but...
As children nationwide return to the classroom this week, many caregivers are worried about providing them nutritious food amid rising inflation and the expiration of pandemic-era waivers for universal free school meals – prompting General Mills, Orgain...
While General Mills was able to roll with the punches, including spiking inflation and supply chain challenges, over the past year to deliver better than expected financial results in fiscal 2022, some wonder if the CPG giant, and its competitors, will...
While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
General Mills and Ecosystem Services Market Consortium (ESMC) are working together on a multi-year plan to scale and expand a program, called Eco-Harvest, which rewards farmers for beneficial outcomes of regenerative agricultural practices.
Even as General Mills adopts an ‘always on’ approach to mergers & acquisitions, it remains dedicated to driving organic growth through innovation by deploying elite tiger teams to identify consumer problems and then develop and test solutions-oriented...
General Mills’ sale of its iconic Helper main meals and Suddenly Salad side dish business for $610m to Eagle Family Foods Group will free up resources and help rebuild its cash reserves as it continues to hunt for acquisitions to build out its five core...
As the largest natural and organic packaged food company in the US*, General Mills has the scale and resources to drive positive change in the food system through its work in regenerative agriculture, sustainable ingredient sourcing, and nutrition access....
301 Inc – General Mills’ venture capital arm – is ploughing $15m into two early-stage women-led venture capital funds, which are on a mission to promote racial and gender equity and economic opportunities for women of colour (WOC) entrepreneurs.
Doolies – the latest innovation to emerge from General Mills’ G-Works corporate venture studio – is a fruit- and fiber-packed snack for young kids designed to “help your kid go #2 with ease.”
While General Mills is aggressively – and to an extent successfully – tackling supply chain challenges causing shortages of some of its beloved convenience brands, including Pillsbury dough and Totino’s pizza rolls, it likely won’t be able to fully meet...
New research shows that US consumers are less familiar with the concept of regenerative agriculture than other food production methods, and most are not willing to pay premium for brands making these claims.
General Mills continues to hunt aggressively for acquisitions to build out its five core platforms, including cereal, ice cream, snack bars, Mexican food and pet food, and to consider strategic divestitures as part of a broader strategy to reshape its...
While some recent foodtech innovations could be described as solutions in search of a problem, ‘animal-free’ dairy products featuring real whey and casein made without cows, give consumers – most of whom are unwilling to compromise at all, especially...
General Mills has completed the sale of its 51% controlling interest in its Yoplait S.A.S European operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the...
General Mills moves into the emerging ‘animal-free’ dairy category with a brand called Bold Cultr – a lactose-free cream cheese alternative utilizing dairy proteins from Perfect Day made via microbial fermentation (without cows).
General Mills is tapping into hard-to-access receipt-level, first party consumer data from retailers as it scales up its much vaunted “connected commerce” program – allowing it to create “strong one-to-one relationships” with shoppers and ultimately drive...
Despite “more inflation than we’ve seen in really in a decade,” General Mills has successfully offset increases with little detriment to sales or retailer and consumer relationships, but managing labor constraints and supply chain challenges hasn’t been...
General Mills is dipping its toes into the emerging ‘animal-free’ dairy category with a brand called Renegade Creamery developing cheeses utilizing dairy proteins made via microbial fermentation (without cows).
In the near term at least, we can expect to see continued elevated demand for food at home vs pre-pandemic levels as consumers spend more time working from home, cooking and baking, says General Mills, which is currently engaged in a significant round...
“There's no way we could have launched 10 years ago in America,” observes Julian Dyer, stockbroker-turned chef, turned-founder of London-based Pots & Co, which is looking to make a splash this side of the Atlantic with his upmarket desserts.
With margins under pressure due to rising commodity and transportation costs, General Mills plans to increase prices going forward, but some investment analysts worry the timing will be off with local economies beginning to reopen and increased competitive...
The great SKU rationalization last Spring caused by pandemic-related supply chain constraints and consumer stockpiling not only forced CPG companies to pause production temporarily of some products, but it prompted many to reevaluate their product mix...
At the Consumer Analyst Group of New York 2021 conference yesterday, General Mills unveiled a four-prong strategy to “accelerate” its net organic sales growth 2-3%, expand mid-single-digit margins and deliver mid- to high-single-digit constant currency...
General Mills net sales increased 7% to $4.7bn for Q2 2021 as the company continued to benefit from elevated at-home demand for its core brands within its meals & baking and cereal segments, which grew net sales by 9% for the quarter.
New research from General Mills suggests cereal is shaking free from some of its negative stereotypes as consumers look for relief from pandemic-related pressures, including balancing tighter budgets due to lost jobs, wanting to maintain their families’...
While uncertainty around the reopening of America in 2021 complicates predicting at-home versus away-from-home consumption for the full year, General Mills expects retail sales of its CPGs to remain higher than pre-pandemic levels for at least the next...
Three quarters of families with school-aged children now report being able to spend more time together eating at the breakfast table, promoting an uptick in cereal consumption, according to a new survey commissioned by General Mills Big G cereals.
Ongoing social distancing requirements, the resulting recession and a rediscovery of the joy of cooking and baking will help sustain some, but “certainly not all,” of the surging sales enjoyed by many CPG food and beverage brands since the coronavirus...
General Mills launched direct-to-consumer brand sites that could quickly ship products to consumers to better support shopping during the pandemic -- a strategy that helped increase its share of net sales from the e-commerce channel in categories most...
COVID-19 has impacted everything from how, when, and where we buy groceries (spoiler alert, online is gaining share), to consumers' health priorities (immunity is rapidly gaining traction), but what, if anything, does this mean for food innovation...
As Americans tentatively emerge from lockdown, the industry is likely to face a very different consumer landscape. How might tighter household budgets change consumer priorities and behaviors? Will ‘Big Food’ really stage a comeback? Will habits (stress...
While "banana bread is having a moment" during the lockdown, most consumers that didn't previously have great cooking skills are "not turning into gourmet chefs," and when it comes to dinnertime, they're looking for 'heat-and-eat'...
Keeping the supply chain moving while protecting employees and projecting a calming tone for consumers is top of mind for executives at General Mills, which has seen a significant sales boost since the beginning of March from panicked US shoppers stocking...
General Mills’ strategy to accelerate top line growth by investing heavily in categories that have been declining, slowing or becoming increasingly crowded may seem counter-intuitive, but according to CEO Jeff Harmening, it is working.
General Mills has appointed Jaime Montemayor as its new chief digital & technology officer reporting to chairman and CEO, Jeff Harmening, effective Feb. 24, 2020.
While many manufacturers continue to grouse about updating their Nutrition Facts Panels to comply with Nutrition Label Reform, General Mills not only has rolled out the changes for its “Big G Cereals” ahead of the upcoming deadline, it also took the opportunity...
