Food consumption currently driven by ‘value seeking behavior’: General Mills Retail President
"Consumer spending appears to be consistent, with many having more income to dine out. What does impact does that have on the snacking and cereal business? General Mills North America Retail (GIS) President joins Yahoo Finance Live to discuss consumer trends and how General Mills is rising to the challenge. Nudi notes changes in consumption habits are recent—as many people can eat out, post- COVID stating “when consumers were at home more, that was good for our businesses”. Nudi states that various “moving pieces” —such as transition to private label— are impacting sales for various food and b…