Popular Cereal Brand to Reimburse Customers Who Overpaid During Shortage Amid the shortage, third-party sellers were reportedly selling the cereal for more than $100.

By Justin Chan Edited by Jessica Thomas

Grape-Nuts, a customer favorite from parent company Post Consumer Brands, is finally returning to supermarket shelves, USA Today reports.

Towards the end of last year, the company experienced a shortage as a result of pandemic-related production issues. The scarcity of Grape-Nuts cereal subsequently caused a tremendous hike in its price, according to the publication. In January, for instance, a third-party seller on Walmart reportedly listed a 4-pound box for $110. A 64-ounce box typically retails for $6.49, while a 20.5-ounce box costs $4.29 and a 29-ounce box $4.99.

Related: Breaking Into a Tough Market? Lessons From 'Cereal' Entrepreneurs

In response to the price jump, Post Consumer Brands said that it would reimburse customers who spent $10 or more on for a box of Grape-Nuts Original cereal between Nov. 1, 2020 and March 15. In order to receive a reimbursement, however, customers must send "a valid retailer or e-retailer receipt for a partial refund of up to $115 to help cover the difference between the amount paid and the suggested retail price of the Grape-Nuts Original cereal box purchased."

"It became abundantly clear during the shortage that Grape-Nuts fans are "Nuts for Grape-Nuts,'" Grape-Nuts brand manager Kristin DeRock told USA Today in a statement. "So much so that some of our loyal super fans were willing to pay extreme prices just to ensure they wouldn't be without their favorite crunchy cereal."

Grape-Nuts isn't the only cereal to make headlines recently. On Monday, writer and podcast host Jensen Karp took to Twitter to share a photo of what he believed were shrimp tails in his Cinnamon Toast Crunch.

The tweet immediately went viral, receiving over 14,000 retweets. It also prompted a response from the cereal brand's social media account.

"We're sorry to see what you found!" the brand tweeted back. "We would like to report this to our quality team and replace the box. Can you please send us a DM to collect more details? Thanks!"

Upon "further investigation," Cinnamon Toast Crunch later claimed that the items were, in fact, an "accumulation of the cinnamon sugar that sometimes can occur when ingredients are thoroughly blended" — an assertion that Karp has since disputed.

Justin Chan

Entrepreneur Staff

News Writer

Justin Chan is a news writer at Entrepreneur.com. Previously, he was a trending news editor at Verizon Media, where he covered entrepreneurship, lifestyle, pop culture, and tech. He was also an assistant web editor at Architectural Record, where he wrote on architecture, travel, and design. Chan has additionally written for Forbes, Reader's Digest, Time Out New YorkHuffPost, Complex, and Mic. He is a 2013 graduate of Columbia Journalism School, where he studied magazine journalism. Follow him on Twitter at @jchan1109.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Now Accepting Applications': Elon Musk Is Opening a New Preschool in Texas Called Ad Astra. Here's How to Apply.

The school got an official permit last month to operate with as many as 21 students.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.