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Kraft and Kellogg's Report Higher Sales Despite Price Hikes

Although Kraft and Kellogg's have increased the prices of their packaged food products due to the higher cost of raw materials, their sales have increased as cash-strapped consumers are making food at home more often than before.

1 Comment:

Also, cereal is a cheap meal. Slightly more expensive cereal is still going to be a cheap meal.

Seriously...I remember eating meals of cereal and ramen back in college. I still do the cereal thing now...mostly because, well, I like cereal.

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