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General Mills was ranked #181 on the 2012 Fortune 500 list of America's largest corporations, [27] 161 in 2015 and was the third-largest food consumer products company in the United States. [28] During June 2012, the company's vice-president for diversity stated that General Mills opposes a Minnesota amendment banning gay marriage, stating that ...
General Mills stockholders received one share of Darden for every common share of General Mills held. General Mills restaurants had $108 million net income in that year. At the end of 1995, Darden operated 1,250 restaurants in 49 states with 73 locations in Canada. [6] Darden Restaurants was spun off from General Mills beginning on May 9, 1995 ...
General Foods Corporation was a company whose direct predecessor was established in the United States by Charles William (C. W.) Post as the Postum Cereal Company in 1895.. The company changed its name to "General Foods" in 1929, after several corporate acquisitions, by Marjorie Merriweather Post after she inherited the established cereal business from her father, C. W. Post.
General Mills has been sued by eight Black employees who accused the food company of tolerating decades of racism at a suburban Atlanta plant led by white managers known as the Good Ole Boys. A ...
Rating Action: Moody's affirms General Mills Baa2/P-2 ratings; outlook stableGlobal Credit Research - 30 Aug 2022New York, August 30, 2022 -- Moody's Investors Service ("Moody's") today affirmed ...
After General Mills sold the chain, a limited number of York Steak Houses continued to operate for several years as independent restaurants. As of 2017, only one restaurant is known to remain in operation using the York name, in Columbus, Ohio, near the now-demolished Westland Mall. This location became an independently-owned franchised ...
Cereal makers and packaged food companies gained immensely from the stock-piling tendencies of consumers amid lockdowns. Even after easing of lockdown restrictions, the demand for packaged food ...
However, in 1985, General Foods was acquired by Philip Morris, which proceeded to lay off most of that location's employees in 1987. Then in 1989 General Foods merged with Kraft Foods Inc. to form "Kraft General Foods" where it remained in its White Plains, NY Headquarters until the mid 1990s when it moved to Northfield Illinois. [11] [12]