If you purchased one of the branded breakfast cereals by Post Foods in the United States within a certain time period and feel mislead by the health claims, you may be entitled to a payout.
Most Americans purchase at least one box of cereal per shopping trip, a recent survey from consumer rewards app Shopkick has revealed – numbers that assuage dips in overall segment sales.
Post Consumer Brands – which produces breakfast cereals like Honey Bunches of Oats and Post Pebbles – has teamed up with the Twinkie and Ding Dongs maker to create two dessert-inspired cereals.
Post Consumer Brands is releasing a slew of new and old favorites this month, including a first of its kind ice cream themed cereal, a spinoff from Honey Bunches of Oats and the return of the original Honeycomb, among others.
Ralcorp has announced a $370m (€274m) loss in its fourth quarter earnings due to substantial non-cash impairment charges, details of which it has not yet disclosed.
Sara Lee has entered into an agreement to sell its North American branded refrigerated dough products business to Ralcorp Holdings and is also intending to divest its French refrigerated dough and Spanish bakery businesses.