Aunt Jemima Retiring
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Quaker Oats has confirmed that it is indeed retiring the 130-year-old Aunt Jemima brand and logo, acknowledging its origins are based on a racial stereotype. "As we work to make progress toward racial equality through several initiatives, we also must take a hard look at our portfolio of brands and ensure they reflect our values and meet our consumers' expectations," the Pepsi-owned company said in a statement provided to CNN Business.
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