Core Insights - The grocery shopping landscape has undergone significant changes, necessitating leaders who are adept in omnichannel strategies that integrate online, in-store, mobile, and social commerce [2][3] - Cornell University's Omnichannel Leadership Program, in collaboration with industry leaders like Kellanova, aims to equip professionals with the necessary skills to navigate this transformation [3][4] Program Overview - The Omnichannel Leadership Program is now in its fourth year and has trained 136 professionals from 54 different companies, addressing the skills gap in omnichannel leadership [5][6] - The program features a combination of cutting-edge research from Cornell faculty and practical applications from industry leaders, ensuring a rigorous and actionable learning experience [5][6] Unique Features - The program limits attendance to 50 participants to foster deep discussions and meaningful networking opportunities [6] - The curriculum is updated annually to include the latest trends such as AI, customer experience, data analytics, and ESG, providing participants with relevant best practices [6] - Participants earn the Omnichannel Leadership Certificate from the Cornell SC Johnson College of Business, enhancing their credentials [6] Future Directions - The 2025 Omnichannel Leadership Program will take place from June 23-26 at Cornell Tech in New York City, focusing on AI-driven commerce, data analytics, and next-generation customer engagement strategies [7] - Kellanova emphasizes the importance of investing in its workforce as a means to secure the future of the industry, showcasing the value of collaboration between academia and industry [8] Company Profile - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with net sales of approximately $13 billion in 2024 [9] - The company aims to create better days and promote sustainable and equitable food access, targeting to impact 4 billion people by 2030 [10]

Core Viewpoint - Kinross Gold Corporation announced a temporary suspension of mill operations at Tasiast due to a fire that occurred on April 14, 2025, which has been fully extinguished, with no reported injuries and mining operations continuing as planned [1][2]. Group 1: Incident Details - The fire was localized in the SAG discharge area, and the company is currently investigating the cause and assessing the damage and potential impact on operations [2]. - Critical spare parts are available on site, and the company does not expect to change its guidance for Tasiast despite the incident [2]. Group 2: Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining, operational excellence, disciplined growth, and balance sheet strength [3].

Core Concept - Wendy's is introducing new variations of its iconic Frosty dessert, including Frosty Swirls and Frosty Fusions, to enhance customer experience and cater to evolving consumer preferences for customization and new flavors [2][3]. Product Innovations - Frosty Swirls will be available in the Wendy's app starting April 11 and nationwide from April 15, allowing customers to choose their favorite Frosty flavor and select from three indulgent sauces [2][4]. - Frosty Fusions will launch nationwide on May 12, enabling customers to add sauces and mix-ins for a more personalized dessert experience [3][4]. - Specific flavors for Frosty Swirls include Strawberry, Caramel, and Brownie Batter, while Frosty Fusions feature combinations like Pop-Tarts Strawberry, OREO Brownie, and Caramel Crunch [6]. Marketing Strategy - The company emphasizes the Frosty as a cultural icon, having been on the menu for 55 years, and aims to attract consumers looking for new flavors and customization options [2]. - Wendy's is enhancing the in-restaurant experience with updated equipment and specially designed cups and spoons to improve the enjoyment of Frosty products [4]. Company Background - The Wendy's Company operates over 7,000 restaurants globally and is known for its commitment to fresh food and customer satisfaction [5]. - Wendy's supports social initiatives, including the Dave Thomas Foundation for Adoption, which aims to increase adoptions from the foster care system [5].

As consumer behaviors and expectations evolve, successful brands must refresh their approach to meet consumers where they are. Kellanova SVP and Chief Growth Officer, Charisse Hughes, shares insights into the company's strategies for reaching diverse audiences with advanced analytics and AI, creating evergreen relevance and growth. CHICAGO, April 1, 2025 /PRNewswire/ -- In an era where innovation is the key to staying competitive, Kellanova's IT team is integrating our existing systems and embracing cutting ...

The classic marshmallow treat just got even more decadent with two new fan-inspired flavorsCHICAGO, March 26, 2025 /PRNewswire/ -- Nothing unlocks childlike joy quite like a Rice Krispies Treats® bar and now the brand is turning up the indulgence with all-new Rice Krispies Treats Bliss bars. For the first time, the iconic marshmallow treat will feature multiple toppings – including a salty snack – to create a delicious multi-textural experience complete with a satisfying crunch. It's a sweet-and-salty match ...

Core Viewpoint - Mars, Incorporated has received the necessary consents from eligible holders of Kellanova's existing senior notes to implement proposed amendments related to its acquisition of Kellanova, which will not take effect until the acquisition is completed [1][2][6]. Group 1: Consent Solicitations and Amendments - The consent solicitations were conducted in connection with Mars' pending acquisition of Kellanova and were not contingent upon the completion of the acquisition [2][5]. - The proposed amendments will modify certain covenants and events of default in the existing Kellanova indentures to align with Mars' senior notes [4][5]. - The consent payments will be made to eligible holders who validly delivered their consent prior to the expiration date, contingent upon the acquisition's closing [4][7]. Group 2: Financial Details - The consent payments for each $1,000 principal amount of existing Kellanova notes will be $1.00 in cash, with specific amounts outlined for various series of notes [3][4]. - The total principal amounts of the existing Kellanova notes involved in the consent solicitations include $625.18 million for the Kellanova 2031 Notes, $750 million for the Kellanova 2026 Notes, and additional amounts for other series [3][4]. Group 3: Execution and Conditions - Upon receiving the requisite consents, Mars and Kellanova will execute supplemental indentures to implement the proposed amendments, effective upon execution but not operative until the acquisition is consummated [6][7]. - The issuance of the Mars Guarantee and the payment of consent payments are contingent upon the successful closing of the acquisition [2][7].

Annual recognition honors organizations committed to business integrity through robust ethics, compliance, and governance programsCHICAGO, March 11, 2025 /PRNewswire/ -- Kellanova has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.Previously, Kellogg Company was recognized 16 times prior to the spin-off in 2023. Kellanova is one of 136 companies recognized on this year's list, spanning across ...

Core Insights - The Cheez-It® brand is launching a unique promotional event called The Cheez-It® Escape, offering Canadians a free two-night stay to indulge in their love for Cheez-It® crackers [1][5][7] - This initiative aims to celebrate the brand's passionate fanbase and cater to the growing demand for spontaneous travel experiences among Canadians [2][5] Group 1: Event Details - The Cheez-It® Escape will take place at the Drake Motor Inn in Prince Edward County, a popular travel destination known for its scenic beauty [3][9] - The event will run from March 14th to March 22nd, 2025, with bookings available on a first-come, first-served basis [6][7] - Guests will enjoy themed décor, local experiences, and an ample supply of Cheez-It® crackers during their stay [9] Group 2: Company Background - Kellanova, the parent company of the Cheez-It® brand, reported net sales of $13 billion for 2023 and aims to become a leading snacks-led powerhouse [11] - The company has a legacy of over 100 years and operates various well-known brands in the snacking and food industry [11] - Kellanova is committed to promoting sustainable food access and aims to create better days for 4 billion people by 2030 [12]

Core Viewpoint - Mars, Incorporated announced a private offering of $26.0 billion in senior notes to fund the acquisition of Kellanova and related expenses [1][2]. Group 1: Offering Details - The offering consists of various senior notes with different maturities and interest rates, including $2.0 billion of 4.450% notes due 2027, $3.25 billion of 4.600% notes due 2028, and others maturing between 2030 and 2065 [1]. - Interest payments for the notes will be made semi-annually, with the first payments starting in September 2025 for the earlier notes and November 2025 for the later notes [1]. - The offering is expected to close around March 12, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund the acquisition of Kellanova and cover related fees and expenses [2]. - The acquisition is subject to customary closing conditions, including regulatory approvals, and the closing of the offering is not contingent upon the acquisition [2]. - If the acquisition is not completed by August 20, 2026, or if the merger agreement is terminated, the notes will be subject to a special mandatory redemption at 101% of the principal amount plus accrued interest [2]. Group 3: Guarantees and Regulatory Compliance - The notes will not be guaranteed by any of the company's subsidiaries at the time of issuance, but Kellanova is expected to guarantee them on a senior unsecured basis upon consummation of the acquisition [3]. - The notes are being offered in a private transaction to qualified institutional buyers and non-U.S. persons, relying on exemptions from registration requirements under the Securities Act [4].

Core Viewpoint - Mars, Incorporated is soliciting consents from holders of Kellanova's outstanding senior notes for proposed amendments to existing indentures, which are contingent upon the consummation of the acquisition of Kellanova [1][3]. Group 1: Consent Solicitations and Proposed Amendments - The Consent Solicitations are related to three existing indentures of Kellanova, dated March 15, 2001, May 21, 2009, and May 6, 2024 [1][6]. - Proposed Amendments aim to modify certain covenants and events of default in the existing indentures to align with Mars' senior notes [6][10]. - The consent payment for each $1,000 principal amount of existing Kellanova notes will be $1.00 in cash, payable upon the consummation of the acquisition [4][5]. Group 2: Conditions and Execution - The issuance of the Mars Guarantee and consent payments will occur promptly after the acquisition's closing, subject to the satisfaction of conditions outlined in the offering memorandum [2][3]. - The consent from holders of a majority of the outstanding aggregate principal amount of specific Kellanova notes is required for the proposed amendments to take effect [7][8]. - Consents can be revoked prior to the expiration date or the receipt of requisite consents, but not thereafter except under limited circumstances [12][13]. Group 3: Independent Nature of Solicitations - Each consent solicitation is independent and not conditioned upon the completion of other solicitations, although the payment and effectiveness of amendments depend on the acquisition's consummation [10][11]. - Mars reserves the right to amend the terms of any consent solicitation without affecting others [10][11].