General Mills

Food, Packaged Goods Firms Boost Promotions Amid Consumer Caution
Food, Packaged Goods Firms Boost Promotions Amid Consumer Caution
July 07, 2024  |  Retail

After years of steady price increases, food and packaged goods manufacturers and retailers are reportedly offering more discounts in both the United States and Europe. In...

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Consumers Pull Back on Spending; Companies Cut Costs
Consumers Pull Back on Spending; Companies Cut Costs
December 29, 2023  |  Economy

Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent...

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General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
December 20, 2023  |  Earnings

As consumers increasingly turn to digital channels to feed their fur babies, General Mills is seeing in-store pet food sales take a dip, even as...

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Report: Ibotta Prepares for $2 Billion IPO
Report: Ibotta Prepares for $2 Billion IPO
November 02, 2023  |  IPO

Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or...

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General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
September 20, 2023  |  Economy

General Mills predicted that with restaurant inflation exacerbating the gap between dining out and eating at home, more consumers will get their food at the...

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Are Pet Parents Finally Starting to Trade Down on Food?
Are Pet Parents Finally Starting to Trade Down on Food?
September 12, 2023  |  Retail

Are America’s dog and cat owners beginning to switch to cheaper pet foods? The grocery trade-down wave has been underway for months as inflation continues, but pet...

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PepsiCo to Invest $175 Million in Instacart as Food Brands Digitize
PepsiCo to Invest $175 Million in Instacart as Food Brands Digitize
August 29, 2023  |  eCommerce

As online grocery grows, brands, retailers and third-party platforms alike are looking to grow their share in the category, and with PepsiCo’s major investment in...

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Report: Hostess Weighs Sale After Takeover Interest From Food Giants
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
August 27, 2023  |  Acquisitions

Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies...

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H&M, Shein Explore New Retail Model With Third-Party Brands
H&M, Shein Explore New Retail Model With Third-Party Brands
July 03, 2023  |  Retail

The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops...

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