
General Mills Lowers Sales Projections Amid Declining Snacking Trends
In a surprising turn of events, General Mills has adjusted its sales guidance downward, attributing this decision to an observable slowdown in its snacking segment. The food conglomerate, well-known for its broad range of snack products, reported in a recent earnings call that consumer spending patterns are shifting, leading to slower growth in one of its key categories.
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General Mills Faces Rising Pressure Over Food Dyes, Plans Discussion
In a significant move amidst growing scrutiny, General Mills announced its intention to engage in discussions surrounding the use of artificial food dyes in its products. This decision comes in the wake of increased public concern, driven notably by the advocacy of Robert F. Kennedy Jr., who has been vocal against the health risks associated with synthetic colorants used in various food items.
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General Mills Expands Pet Food Portfolio with $1.45 Billion Acquisition of Whitebridge
In a significant move to enhance its presence in the pet food market, General Mills has officially acquired Whitebridge Pet Brands for $1.45 billion. This strategic acquisition signals the company's commitment to expanding its footprint in the rapidly growing pet food sector.
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Calls Intensify for Major Food Brands to Eliminate Artificial Food Dyes
In a growing movement against artificial food coloring, industry giants Kellogg and General Mills are facing increasing pressure from health advocates, parents, and regulatory bodies to ban these synthetic dyes from their products. Concerns have escalated over the potential health risks associated with the consumption of such additives, which have been linked to hyperactivity in children and other adverse health effects.
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