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Consumers Ditch Cereal, Kellogg Sales Sink Again

2014-10-30 16:09:59| Food - Topix.net

Kellogg Co posted its sixth straight quarter of weaker net sales in its U.S. cereal business as demand for products such as Corn Flakes and Rice Krispies wane in its biggest market. The company also said sales in its U.S. snack business dropped by the most in seven quarters, highlighting how processed food makers such as Kellogg, ConAgra Foods Inc and General Mills Inc are struggling to compete against healthier foods and cheaper private-label brands.

Tags: sales consumers sink cereal

 

Consumers Ditch Cereal, Kellogg Sales Sink Again

2014-10-30 15:51:22| Agriculture - Topix.net

Kellogg Co posted its sixth straight quarter of weaker net sales in its U.S. cereal business as demand for products such as Corn Flakes and Rice Krispies wane in its biggest market. The company also said sales in its U.S. snack business dropped by the most in seven quarters, highlighting how processed food makers such as Kellogg, ConAgra Foods Inc and General Mills Inc are struggling to compete against healthier foods and cheaper private-label brands.

Tags: sales consumers sink cereal

 
 

Even Titanic Can Sink - As Proven By IBM, McDonald's And Coca-Cola

2014-10-28 17:28:58| Beverages - Topix.net

Businesses are made and remade with time; as the world changes, so does consumer choice and thus the demand and supply chain sees a change. There was a time when the analog landline phone was in such demand that, more often than not, your service provider would ask you to purchase a set from the open market as they had run out of stock.

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Analysts Focus On Deckers Outdoor Q2 Beat; Shares Sink

2014-10-25 16:56:21| Footwear - Topix.net

Deckers Outdoor Corp shares suffered Friday on a disappointing earnings outlook for the holiday period but analysts mostly looked on the bright side. Deckers lost 7 percent in the afternoon session Friday, trading at $81.27 per share.

Tags: focus outdoor beat shares

 

Wall St up as IBM shares sink

2014-10-21 04:06:23| IT Services - Topix.net

Specialists Ronnie Howard, left, and Christopher Culhane confer on the floor of the New York Stock Exchange. File photo / AP In afternoon trading in New York, the Standard & Poor's 500 Index rose 0.51 per cent, while the Nasdaq Composite Index added 0.87 per cent.

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