Report: General Mills Will Raise Prices up to 20 Percent in January

Report: General Mills Will Raise Prices up to 20 Percent in January


General Mills informed its retail customers that prices would rise on hundreds of its items throughout dozens of its brands in mid-January, according to a report.

The report from CNN Business indicated that the company sent a letter to at least one major regional wholesale supplier indicating that the company intends on raising its prices and that they “will go up by around 20%” on some brands in mid-January. The letter was shared with CNN Business “on the condition of anonymity to protect the company’s relationship with its suppliers.”

A company leader told CNN Business that General Mills will pass along the increase of costs to the grocery and convenience stores, which will inevitably pass it on to customers.

Some of the company’s rising prices will

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