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Kellogg’s CEO faces backlash for saying people should eat cereal for dinner to save money

  • Kellogg's CEO suggested eating cereal for dinner as a cost-saving measure during inflation, leading to backlash on social media.
  • Consumers spent 11.3% of their disposable income on food in 2022, the highest since 1991. Food companies raised prices due to increased costs.
  • Some consumers criticized the CEO for the suggestion, calling it tone-deaf, as cereal prices increased by 28% since 2020. Boycott calls followed.
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Kellogg's CEO Gary Pilnick faces criticism after recommending poor families eat cereal for dinner.

·Stockholm, Sweden
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In a TV interview in the United States, Gary Pilnick was delighted that the economic context is pushing consumers to consume his products outside of breakfast.

·Paris, France
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Eat cereal for dinner.That's what Kellogg's CEO Gary Pilnick suggests financially squeezed families can do. “Cereals have always been affordable,” he tells CNBC. Now he's getting sharp criticism.

·Stockholm, Sweden
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frontruncrypto.com broke the news in on Friday, February 23, 2024.
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