Kellogg’s CEO advice to cash-strapped shoppers: Let them eat Corn Flakes for dinner
Kellogg’s CEO advice to cash-strapped shoppers: Let them eat Corn Flakes for dinner
WK Kellogg CEO Gary Pilnick’s suggestion that cash-strapped shoppers should consider eating cereal for dinner garnered some harsh criticisms online.
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You guys remember when a box of cereal cost $3?
Those were good times. You know…2021 or so.
Even at $3 it was a terrible deal for the quantity of food you actually get. Cereal has always been a ripoff, more about the marketing and added sugar than about being actual food
Costco saves you a little but not much. Its still like 8 bucks for two large bags.
Isn't Costco really only worth it for people who can actually afford to buy in bulk? Most paycheck to paycheck people can't buy 12 lb of cereal at a time.
and have the capacity. Even with two people in the house, it can be tough to finish off a costco size package of something parishable before it goes bad.
It depends on what you’re buying, and if you can use it before it goes bad. Cereal might be okay. It doesn’t really go bad before even a single person can finish it.
Things like mayo? It usually goes rancid unless you’re just spooning it into your mouth.
Canned goods, frozen goods, are all great buys that won’t go bad before you use them.
The bakery stuff is a great deal if they get used. (Those are for business types that put things out for meetings. Croissants, muffins, dinner rolls; the pies are for parties and stuffs.)
The rotisserie chicken is a loss leader, and the meat is great if you can freeze it.
The fresh produce is great if you’ll use it- which is why they usually put it behind the office furniture and stuff. It’s more for restaurants and kitchens; and “large” families.
You’ll notice that all the staples that are a good deal are generally in the back so you have to walk by all the stuff that isn’t. The furniture, the giant trampolines, the seasonal shit. The clothing.
Not everyone has that as an option, unfortunately.
2000ish you could put 10ish bucks in your car to nearly fill it, buy a meal from fast food for 5 more, and rent a movie with the change.
20 bucks.
Now? 30-40 for 10 gallons. 10-15 for the same fast food meal. (Which got smaller btw) 2-5 still for the movie at Redbox (I think?)
40 - 60 bucks or 100-200% inflation over ~20 years. Neat.
I have an addiction to chai lattes. The cheapest place (which also, thankfully, has the best chai lattes) still costs over $5.