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Section: Science
Consumers will soon find their favorite Kellogg's breakfast cereals back on the shelves of Edeka supermarkets and Netto discount stores. This follows a supply halt that left many customers searching in vain for popular items such as Cornflakes and Froot Loops. The discontinuation, which began in July 2023, stemmed from a pricing disagreement between Edeka and the U.S.-based company Kellanova, previously known as Kellogg's.
In 2023, Kellanova sought to raise prices by as much as 45%, a move Edeka deemed excessive. Consequently, the retailer suspended orders, leading to a significant impact on both parties. Edeka claimed losses due to reduced customer footfall and sought compensation for these damages. However, recent discussions have yielded a positive outcome for consumers, with plans to restock Kellogg's products by mid-June.
Despite the resolution, Edeka's spokesperson clarified that Kellanova did not provide any compensation for the previous losses. Nonetheless, the negotiations have aligned towards reinstituting these beloved products, benefiting consumers who enjoy the brand's offerings.
This development mirrors a previous agreement Edeka reached with Pepsi, resolving a similar supply issue that had lasted over two years. With Kellogg's products returning, Edeka aims to restore a full selection of major brands, ensuring that customers can find their preferred items once again.
While the exact price increases for the cereals have not been disclosed, Edeka noted that the previous proposed hike was deemed too steep. The return of Kellogg's cereals is significant as they are recognized as a strong brand in the grocery sector, with many consumers specifically searching for these products. When unavailable, shoppers often transfer their entire shopping experience to competitor stores, which can create additional revenue losses for Edeka.
However, Edeka's spokesperson remarked that the retailer did not observe a significant decline in customer loyalty during the absence of Kellogg's products, successfully substituting with alternative and private-label brands. This strategy mitigated the impact of the missing Kellogg's cereals, as other stores also faced similar shortages.
As the cereal landscape shifts with the return of Kellogg's, consumers can look forward to accessing their favorite breakfast items once again, signaling a positive turnaround for both the retailer and its customers.
Section: Science
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Section: Health Insurance
Section: Health
Section: News
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