Page 18 - Corn Flakes News Today

Companies and their executives should always weigh their words carefully, and consider how others will hear and interpret what they say and how they say it.

“The cereal category has always been quite affordable, and it tends to be a great destination when consumers are under pressure,” Gary Pilnick said.

"Let them eat Corn Flakes" appears to be Kelloggs chief executive Gary Pilnicks advice to cash-strapped s...

Kellogg CEO Gary Pilnick's advice that struggling families should eat cereal for dinner to save money has consumers reacting to the year-old campaign.

Markets have been on an incredible winning streak since late October. Just last week the S&P 500 hit a new all-time high and notched its best showing in a year. Meanwhile, the cost of borrowing has dropped to its lowest in two years, signaling a rosier economic outlook.

The CEO of Kellogg’s just had his ‘let them eat cake’ moment. This after the Frosted Flakes and Fruit Loops boss has been making the rounds on cable news shows suggesting Americans serve up cereal for dinner to save on their soaring food budgets. “If you think about the cost

With shoppers spending the highest portion of their income on food than at any point in the last 30 years, Kellogg has been encouraging families to eat cereal for dinner ....

People struggling to afford groceries may want to consider eating cereal for dinner. The advice didnt go over well on social media.

Cash-strapped families should eat cereal for dinner to save money, the multi-millionaire chief executive of Kellogg’s has said.

Gary Pilnick, the Chairman and CEO of Kellogg, who earns £4 million a year, made the comment after a report found that Americans spend 10% or more of their income on food.