Soundalike Cereal Brands Throw Customers for a Froot Loop

General Mills and Kellogg have been ruling the cold-cereal market for an eternity. Those two behemoths now own about 60 percent of a $9 billion U.S. market, but that doesn’t mean other companies aren’t finding some success cutting into their market. 

One in particular, the 93-year-old MOM Brands Co., which was recently renamed from Malt-O-Meal, is producing such cereals as Tootie Fruities and Honey Nut Scooters, which bear more than a passing resemblance to Froot Loops and Honey Nut Cheerios.Continue reading...