General Mills Inc. said the coronavirus-fueled surge in grocery sales is waning, increasing pressure on food makers to hold on to the new shoppers who tried their brands during the height of the pandemic. The packaged-food industry has caught a tailwind for much of this year because the pandemic has changed how consumers approached food. Families have bought more groceries to eat at home amid closures of restaurants and capacity limitations on dining rooms.

Source: Wall Street Journal September 23, 2020 12:24 UTC