Faithwire
  • Watch
  • Go!
  • Podcasts
  • Newsletter
  • Contact Us
  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • SCOTUS
  • Life
  • Religious Liberty
  • News
  • Politics
  • Faith
  • Opinion

‘Psychologically Scarred’ Millennials Won’t Eat Cereal Because They Don’t Want to Clean Up the Mess

Photo: Adobe
Photo: Adobe
Share Tweet
By Faithwire Staff
Author

August 25, 2017

Millennials are fickle beings, and the “psychologically scarred” generation is killing once-thriving businesses due to their precarious purchasing habits.

“I think we have got a very significant psychological scar from this great recession,” Morgan Stanley analyst Kimberly Greenberger told Business Insider.

READ: The List of Things Millennials are Choosing Over Church is Really Sad

One of the industries millennials are negative affecting is – surprisingly – cereal.

Cereal sales dropped from $13.9 billion in 2000 to $10 billion in 2015, according to The New York Times.

A survey by Mintel found that 40 percent of millennials said that cereal was an inconvenient breakfast choice because they had to clean up after they ate it. Millennials are instead choosing convenient options such as yogurt and fast-food breakfast sandwiches that require minimal cleanup and are easily eaten on the go.

Body Buddies’ short, but enriching, past https://t.co/8frXmwivpT #cereal #history #archives pic.twitter.com/WYPrNQsm41

— General Mills (@GeneralMills) August 24, 2017

At the Kellogg Company, we take our cereal box eclipse viewers very seriously! Hope everyone is watching safely! #Eclipse2017 pic.twitter.com/CDjGWcGdrk

— Kellogg Company (@KelloggCompany) August 21, 2017

Casual dining chains like Applebees and Buffalo Wild Wings are suffering at the helm of millennials as well, who prefer to cook at home or order delivery, Business Insider reported.

“Millennial consumers are more attracted than their elders to cooking at home, ordering delivery from restaurants, and eating quickly, in fast-casual or quick-serve restaurants,” Buffalo Wild Wings CEO Sally Smith wrote in a letter to shareholders earlier this year.

Homeownership is also at record lows among the younger generation. Experts credit a delay in home ownership to tighter credit standards as well as lifestyle changes such as delayed marriage and children.

Because of the tendency for millennials to delay marriage, the diamond industry is suffering as well. Sales of diamonds have slowed globally, Business Insider reported.

(H/T: Business Insider)

Latest

  • News

    Charges Dropped Against Christian Woman Arrested After Silently Praying in Her Head Outside Clinic — but She Plans to Continue the Battle

  • Entertainment

    What’s the Biggest Mistake Christians Make When Balancing Truth & Love? Christian Singer Mike Donehey Unveils His Take

  • News

    ‘A Football Coach…Not a Pastor: NFL Legend Deion Sanders Targeted by Atheists for Alleged ‘Unconstitutional Actions’

  • News

    ‘God Is With Me’: Woman Was Just Seconds From Potential Death When 3,000 lb Boulder Burst Through Her Living Room

  • News

    PRAY: Police Search For Answers After NJ Christian Councilwoman Killed Outside Her Home


Sponsored
Sponsored

Newsletter
Signup

Sidebar

Recent Posts

  • Charges Dropped Against Christian Woman Arrested After Silently Praying in Her Head Outside Clinic — but She Plans to Continue the Battle
  • What’s the Biggest Mistake Christians Make When Balancing Truth & Love? Christian Singer Mike Donehey Unveils His Take
  • ‘A Football Coach…Not a Pastor: NFL Legend Deion Sanders Targeted by Atheists for Alleged ‘Unconstitutional Actions’
  • ‘God Is With Me’: Woman Was Just Seconds From Potential Death When 3,000 lb Boulder Burst Through Her Living Room
  • PRAY: Police Search For Answers After NJ Christian Councilwoman Killed Outside Her Home

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • July 2016
  • June 2016
  • May 2016

Categories

  • Christian Persecution
  • Coronavirus
  • culture
  • Culture
  • Entertainment
  • Faith
  • Faith
  • Family
  • George Floyd
  • Go!
  • Israel
  • Life
  • Life
  • Lifestyle
  • Media
  • Men
  • Mission Haiti
  • News
  • News
  • Opinion
  • P.O.V
  • Politics
  • Politics
  • Sponsored
  • Sports
  • Virtue
  • Women

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Navigation

  • Watch
  • Go!
  • Podcasts
  • Newsletter
  • Contact Us
  • Staff
  • Privacy Policy
  • Terms of Service

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • Instagram

Subscribe to the Newsletter

Sign up to get our newsletter your inbox every day.

Newsletter Signup

Do you want to read
more articles like this?