Current:Home > StocksShoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families -GrowthInsight
Shoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families
View
Date:2025-04-17 18:56:32
Kellogg's year-old campaign promoting "cereal for dinner" got some new life last week after the company's CEO, Gary Pilnick, mentioned it seems to be "landing really well" with American consumers.
His remarks, made in a live interview with CNBC, caught the attention of some shoppers whose response has been anything but grrreat.
"Advertising cereal for dinner" is a way to deal with the steep cost of groceries right now," Pilnick said. "If you think about the cost of cereal for a family versus what they'd otherwise do, that's going to be much more affordable."
The interview followed news from the Wall Street Journal that showed Americans spending 10% or more of their income on food, the most they have in 30 years. Previous reporting from USA TODAY highlights that the average family is spending more than $1,000 on groceries each month.
"The cereal category has always been quite affordable," Pilnick said. Kellogg, which owns cereals like Frosted Flakes, Froot Loops, Corn Flakes and Raisin Bran, "tends to be a great destination when consumers are under pressure," Pilnick said, adding that the price of cereal with milk and fruit "is less than a dollar."
Protect your assets: Best high-yield savings accounts of 2023
Pilnick was asked if he thought his comments would sit well with Americans. "It's landing really well," Pilnick said, showing that 25% of cereal consumption is outside of the "breakfast window" anyway.
"Cereal for dinner is something that is probably more on trend now, and we would expect to continue as that consumer is under pressure."
Consumers react to Pilnick's 'cereal for dinner' remarks
The "cereal for dinner" campaign, which ends with the slogan: "give chicken the night off,” began over a year ago as Americans were feeling the effect of higher inflation at the grocery store.
Food prices increased by 9.9% in 2022, faster than any year since 1979, according to the Economic Research Service with the U.S. Department of Agriculture. That number includes food consumed outside of the home. In-home food increased by 11.4% last year.
The internet isn't reacting favorably to Pilnick's comments, however.
"This fool is making $4 million a year. Do you think he's feeding his kids cereal for dinner?" one TikTok user said in a video response circulating online.
Pilnick's annual income includes a $1 million base salary and over $4 million in incentive compensation, according to a September 2023 SEC filing published by Business Insider.
"And how do you think consumers became under pressure?" TikTok user James Li, said. "It's companies like Kellogg that have used the excuse of inflation in order to price gauge consumers."
And is seems that the company is "enriching its shareholder," Li said.
CPI report:Inflation dipped in January, but not as much as hoped.
'I could get a frozen family lasagna for that!'
Comments under videos responses of the news vary, but many have to do with how expensive Kellogg's cereal brands actually are.
"Cereal is like $5-$8 per box now, he thinks we’re still buying it for breakfast let alone dinner??!? 😂" one user commented, another adding that, "The family sized box is $10. With milk $3. I could get a frozen family lasagna for that!"
"Cereal is almost 9 dollars a box now. I can get a rotisserie chicken, rice and a bag of frozen broccoli for that," wrote another.
In other words, the math isn't mathin, consumers say.
Not all showed distain over Pilnick's remarks though. Some comments under CNBC's video supported the idea.
"That is what we did during difficult times in my childhood," one user wrote. "There is no need to feel offended."
"Well actually he is right and having some Special K for dinner is healthier than McDonalds for dinner," another wrote, "and classic oatmeal without added sugar and some real fruits are even better..."
USA TODAY has reached out to Kellogg for comment.
veryGood! (7394)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- More than six in 10 US abortions in 2023 were done by medication — a significant jump since 2020
- Caitlin Clark, freshmen JuJu Watkins and Hannah Hidalgo top AP women’s All-America team
- Princess Kate tabloid photo, video fuel speculation: Why the gossip is harmful
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Emily Ratajkowski recycles engagement rings as 'divorce rings' in post-split 'evolution'
- Family sorting through father's Massachusetts attic found looted Japanese art: See photos
- Princess Kate tabloid photo, video fuel speculation: Why the gossip is harmful
- Current, future North Carolina governor’s challenge of power
- Spring brings puppy and kitten litters. So make sure to keep them away from toxic plants.
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Make a Racquet for Kate Spade Outlet’s Extra 20% Off Sale on Tennis-Inspired Bags, Wallets & More
- EPA issues new auto rules aimed at cutting carbon emissions, boosting electric vehicles and hybrids
- Stanley cup drop today: What to know if you want a neon-colored cup
- A South Texas lawmaker’s 15
- England is limiting gender transitions for youths. US legislators are watching
- Get 50% Off Kylie Cosmetics, 60% Off J.Crew Jeans, 35% Off Cocoon by Sealy Mattresses & More Daily Deals
- Horoscopes Today, March 19, 2024
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
The Viral COSRX Snail Mucin Essence is Cheaper Than it was on Black Friday; Get it Before it Sells Out
Former NHL Player Konstantin Koltsov's Cause of Death Revealed
Lukas Gage Addresses Cheating Speculation Surrounding Breakup From Chris Appleton
See you latte: Starbucks plans to cut 30% of its menu
6 wounded, some severely, in fight outside Utah funeral home
Rural Nevada county roiled by voting conspiracies picks new top elections official
Lukas Gage Addresses Cheating Speculation Surrounding Breakup From Chris Appleton