Brazilian multibillion-dollar investment firm, 3G Capital, is likely to target General Mills for its next acquisition move, after it helped Heinz take over Kraft Foods for $40bn alongside Warren Buffett-owned Berkshire Hathaway last year.
General Mills today said its first-quarter 2017 sales had failed to meet expectations – with growth in brands including Lärabar and Nature Valley failing to offset declines in other parts of the business.
General Mills has named the new head of its US Retail arm, which is the largest operational segment of the FMCG giant and includes its cereals, snacking and bakery divisions.
General Mills – which made some bullish comments about its breakfast cereals business earlier this year – has outperformed major rivals in the first half of 2016.
A recall of millions of pounds of General Mills flour has now impacted US baking mix supplier Rabbit Creek Products – which has recalled more than 150 SKUs.
General Mills must face a lawsuit claiming the company misled consumers by marketing Cheerios Protein as a higher-protein alternative to regular Cheerios, a US federal judge has ruled.
General Mills is set to close production lines in Brazil, China and the US - with the potential loss of almost 1,100 jobs - as part of plans to improve operational efficiency.
General Mills has announced ambitions to drive distribution and sales of its natural and organic products while unveiling a raft of cereals and snacks NPD for the coming year.
General Mills and South Dakota State University are to work together in a bid to improve the nutritional qualities of oats and develop varieties with higher yields.
General Mills - which has pledged to remove all artificial ingredients from its cereals by the end of 2017 - this week reported that 77% of its Big G cereal portfolio now used no flavors or colors from artificial sources.
General Mills is to upgrade its oldest facility in the US with the help of $500,000 in finding from the New York Power Authority (NYPA) Board of Trustees.
General Mills expects its cereals and snacks brands to drive growth in the business in the coming year – the second vote of confidence in the US cereals market from a major manufacturer in recent months.
CFSAF: 'Gen Mills was forced to make decision because of Senate’s failure to act'
It was prompted by pragmatism, rather than an ideological shift, but General Mills and Mars have resolved to roll out GMO labeling nationwide as Congress has proved unable to hammer out a federal solution that all stakeholders can get behind before new...
General Mills is extending its Annie’s range into the cereals market – four years after the brand ended its first foray into the highly competitive category.
General Mills has officially relaunched seven of its US cereals with new recipes – a move it says makes 75% of its cereals portfolio free from artificial flavors and colors.
A new approach to product development by General Mills – testing foods directly with consumers in store - reflects how important the ‘voice of the crowd’ has become, according to a leading analyst.
General Mills is tapping key snacking trends – and entering a category tipped to be worth $1.3bn by 2017 - with its acquisition of Epic Provisions, according to analysts Mintel.
General Mills – which five years ago pledged to cut sodium content in 10 key product categories by 20% - has met or exceeded the goal in seven categories.
A month after telling shoppers it was “embarrassed and truly sorry” after an undeclared allergen (wheat) was detected in selected boxes of gluten-free Cheerios, General Mills has been hit with a class action lawsuit alleging it violated several consumer...
Despite a recent recall of nearly 2m boxes of gluten-free Cheerios, Packaged Facts reports that General Mills is poised to see a huge return from their investment in the gluten-free cereal market.
It’s been a rough couple of years for the cereal market, but General Mills said it is outpacing net sales expectations for Q1 2016 thanks in large part to products like gluten-free Cheerios.
The cereal market has been trending downward in recent years. At this year’s Barclays Global Consumer Staples Conference, two of the country’s biggest cereal companies, The Kellogg Company and General Mills, explained how they plan to recover in 2016...
Kellogg and General Mills’ pledges to remove artificial ingredients from their cereals in the coming years will not be enough to help cereal rebound but could spark an R&D trend, says a Euromonitor analyst.
US cereal sales continue to decline, but retailers know the category is still important and want innovation around prevalent consumer trends, says the CEO of General Mills.
General Mills has set the bar high with a pledge to remove all artificial ingredients from its cereals by 2017 and Kellogg will likely follow suit, says a Euromonitor International analyst.
General Mills is being sued by a group of Minneapolis residents over its poor waste disposal of toxic cleaning solvents at an old R&D center more than 50 years ago.
PATENT WATCH: FAT PARTICLES DISTRIBUTE SODIUM IN 'LOCALIZED CONCENTRATIONS'
General Mills has filed an international patent application to protect an invention that uses ‘fat particles’ to distribute sodium in localized concentrations in dough or bakery products, allowing it to cut salt levels without sacrificing taste.
General Mills tells BakeryAndSnacks.com that its new Pillsbury Minis were ‘the big buzz’ at AWMA 2015 last week, with its distribution partners excited to see new innovation in the packaged bakery category.
General Mills says US sales of Yoplait are booming, just a year after analysts expressed worries over the yogurt brand’s future – with the rebound driven by Greek and stripping out artificial ingredients, while the company sees clear potential for yogurt...
US retail sales of ready to eat breakfast cereal continued to fall in 2014, with multi-outlet* data from Chicago-based market research firm IRI revealing a 4% drop in dollar sales and unit sales in the 52 weeks to December 28, 2014.
Food blogger Vani Hari (a,k.a. the ‘Food Babe’) claimed victory on Wednesday after Kellogg said it was “actively testing natural alternatives” to the antioxidant BHT in cereal packaging liners and General Mills said it was “already well down the path...
What could be more fun on a Friday than a healthy baking special edition?! Here’s our 2015 cream of the crop to date – as General Mills packs a punch with whole grain pancakes and Kellogg files a patent for versatile micro-bran...
General Mills will continue its cost-saving program across the US and Canada with further plant closures, announcing the shutdown of two Pillsbury production sites.
