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General Mills’ earnings take a plunge amid price war

The Cheerios maker reported its seventh straight decline in quarterly sales, with a 5% decline in sales for Q3, due to gaps in pricing and increased promotional activity.

Cheerios maker General Mills reported a drop in sales amid a price war with competitors. Pic: ©iStock/Sydney Manuel

Gourmet breads on trend, says Bridor

French artisan bakery maker Bridor says consumers are eating less bread, but are demanding higher quality when they do indulge.

CSM Bakery Solution’s ancient grains bread mix given new life to boost UK craft bakers’ profits

CSM Bakery Solutions has revitalized its Pantique Ancient Cereals bread mix a with a new name – Pantique Ancient Grains Ultimate bread mix – and a bolder baked appearance.

Purity protocol standardization may drive gluten-free snacks price down: says association

The Gluten Intolerance Group (GIG) has teamed up with several major North American oat processors to standardize the gluten-free screening process, commonly known as the purity protocol. 

Pension lawsuit against Grupo Bimbo-owned Canada Bread to be resolved in Q2

Union members at Multi-Marques, the Québec-based arm of Canada Bread, have demanded $6m in pension repayments for the 15 years the company is accused of cutting employee benefits. 

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