General Mills Just Resurrected A Cereal Consumers Have Been Begging To Get Back
General Mills
The company says they're doing this because customers have been begging them for it. And certainly, many have been. But there's a larger story to tell here - the decline of cereal sales.
As the AP reports, cereal sales have been having a rough go of it lately, with Greek yogurt and breakfast sandwiches gaining more favor with consumers. General Mills actually cut it's sales and profit outlook for the year recently. The AP says they blamed it on persistant sales weakness in the food industry.
This isn't the only change General Mills has been making lately. As the AP notes, they recently boosted the cinnamon taste in Cinnamon Toast Crunch, started making Cheerios without genetically modified ingredients, and released a new added protein version of Cheerios.
General Mills
This is not to say French Toast Crunch isn't popular, because indeed, it's something consumers love.
This is the Facebook page with nearly 9,000 followers dedicated solely to the purpose of bringing the cereal back. Guess how they feel today?
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market