Current:Home > MarketsShoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families -FinTechWorld
Shoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families
View
Date:2025-04-16 00:50:22
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! (18)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Can you freeze deli meat? Here’s how to safely extend the shelf life of this lunch staple.
- Federal judge lets Iowa keep challenging voter rolls although naturalized citizens may be affected
- 4 easy ways to find, enjoy scary stories this Halloween: Video
- Stamford Road collision sends motorcyclist flying; driver arrested
- New Report Shows How Human-Caused Warming Intensified the 10 Deadliest Climate Disasters Since 2004
- Brian Branch ejected: Lions DB was ejected from the Lions-Packers game in Week 9
- Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Mega Millions winning numbers for November 1 drawing: Jackpot rises to $303 million
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 2025 NFL draft order: Updated list after early slate of Week 9 games
- Alabama Gov. Kay Ivey treated for dehydration at campaign rally
- Predicting the CFP rankings: How will committee handle Ohio State, Georgia, Penn State?
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- RFK Jr. says Trump would push to remove fluoride from drinking water. ‘It’s possible,’ Trump says
- Target transforms stores into 'Fantastical Forest' to kick off holiday shopping season
- AP Top 25: Oregon a unanimous No. 1 ahead of 1st CFP rankings, followed by Georgia, Ohio State
Recommendation
What to watch: O Jolie night
Nevada lithium mine will crush rare plant habitat US said is critical to its survival, lawsuit says
Federal Court Ruling on a Reservoir Expansion Could Have Big Implications for the Colorado River
Getting Out the Native Vote Counters a Long History of Keeping Tribal Members from the Ballot Box
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Jill Duggar Details Complicated Relationship With Parents Jim Bob and Michelle Duggar
Reba McEntire finds a new on-screen family in NBC’s ‘Happy’s Place’
2 Ohio officers charged with reckless homicide in death of man in custody after crash arrest