November 3, 1992
With 1991 sales of $7.8 billion, ready-to-eat cold cereals are a breakfast staple. In fact, cold cereals outsell hot cereals 10 to 1. Not surprisingly, people 18 and under eat the most cereal, followed by those 55 and over. The cereal industry expects aging baby boomers to be a driving force behind growth in sales of ready-to-eat cereals. Cereal Consumption by Age Group (1990) Pounds consumed per capita 18 and under: 13.9 19-44: 7.7 45-54: 9.7 55 and older: 10.
January 2, 1993 |
Breakfast cereal lovers: Sharpen your coupon clippers! A new wave of coupon and promotional wars is coming soon as cereal manufacturers escalate their battle for domination of American breakfast tables, analysts predict.
August 5, 1996 |
The great Olympic Wheaties box mystery is over. And the winner is Michael Johnson. And Dan O'Brien. And Amy Van Dyken. And Tom Dolan. And Kerri Strug, Shannon Miller, Dominique Dawes, Dominique Moceanu, Amanda Borden, Amy Chow and Jaycie Phelps. That's right, the entire U.S. women's gymnastics team. This was, after all, the Atlanta Olympics. where nothing was done in a small way.
August 15, 1996 |
Trying to escape a cereal price crunch, Ralcorp Holdings Inc. said Wednesday that it will sell its Chex line to Cheerios and Wheaties maker General Mills Inc. for $570 million. The deal edges General Mills closer to industry leader Kellogg Co., as the top competitors in the $8-billion cereal market continue the price war that signaled Ralcorp's exit. In addition to Chex, General Mills would get such brands as Cookie Crisp and Almond Delight ready-to-eat cereal brands and Chex Mix snacks.
June 6, 2007 |
General Mills Inc. said Tuesday that it would raise cereal prices to match increases by competitors, but investors sent its shares down 3.4%, and one analyst downgraded the stock. General Mills spokesman Tom Forsythe said customers should actually see lower prices per box, but the boxes would be smaller, so the effect was a price increase of a few percent. The new prices go into effect June 25. The maker of Wheaties and Lucky Charms has been looking for a way to boost profit on its cereals.
August 5, 2008 |
After watching more of their customers turn to drive-thrus for a quick morning meal, family dining restaurants such as Denny's and IHOP are fighting back. In an attempt to lure diners back to the breakfast table -- or at least to the curb -- the chains are introducing more portable products, offering to-go and curbside pickup programs and remodeling their locations.
June 27, 1996 |
Breakfast is getting cheaper by the day. Quaker Oats Co. on Wednesday became the fourth of the nation's largest cereal makers to reduce prices on its brands, trimming them an average of 15% on most boxed cereals, including the popular Cap'n Crunch and Life. Prices of Quaker's bagged cereals were not changed. Quaker expected the price cuts, and its continued struggle to revive sales of its troubled Snapple tea and juice line, to hurt the bottom line in the second half of the year.
CALIFORNIA | LOCAL
December 16, 1994
West Covina's poorest schoolchildren won't have to sit much longer hungry and inattentive in class because their parents cannot always provide breakfast. Their hunger pains, documented in a recent "Hunger in America" series by Times Staff Writer Sonia Nazario, will ease and their ability to learn will increase. That's because a majority of the school board finally voted to put the health of low-income students over board members' political ideology.
March 2, 1990 |
Singapore Corner seems to be going through an identity crisis. It's your basic neighborhood daytime place, except that it can't decide whether to serve bacon and eggs and burgers to surf-hungry teens or nasi goreng to travel-savvy cosmopolitans. Singapore is arguably the food capital of Asia. It's a place where several cultures--Malay, Chinese, English, Dutch, Indonesian and Indian--coexist. Eating is such an obsession there that even the street hawkers run ads in the local newspapers.