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Coca-Cola said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Gatorade. The deal marks a shift in strategy for the world’s…
PepsiCo, a leading food and beverage giant, has announced plans to cut back on the use of virgin plastic and expand its SodaStream carbonated-water business to more markets in response to increasing calls to combat climate change. According to the company, as…
PepsiCo in the US has launched a digital kitchen called Pep’s Place to encourage consumers to experiment with matching foods with various Pepsi beverages. From this week, consumers can visit a dedicated website to select from eight Pepsi drinks and match them…
PepsiCo will convert to 100-per-cent recyclable packaging across its Smith’s, Red Rock Deli, Sakata, and Doritos brands. The company has also partnered with the sustainable organization, Clean Up Australia, to increase soft-plastic recycling in Australia. By…
PepsiCo India’s bottling partner Varun Beverages Monday said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company’s intent to enter into a binding agreement…
Processed food prices rose in January, with soybean paste, sugar and cola all jumping up around 10 percent compared to a year earlier. The Korea Consumer Agency (KCA) said Monday that 18 of 26 major processed foods measured both in 2018 and 2019 cost more in…
Food and beverages major PepsiCo India is betting on digitisation as a big growth opportunity and is looking at using technology in both backward and forward integration. According to a report: The maker of Lay’s, Kurkure and many a cola brand, including…
Food and beverages firm PepsiCo India is planning to install reverse vending machines to crush PET plastic bottles in all the 36 districts of the state over the next two years as part of its plastic waste management initiative, a top executive said. According…
PepsiCo on Wednesday expressed its commitment to support the plastic ban enforced in Maharashtra, India, including the extended producer responsibility for PET plastic waste bottles, a top company official said. PepsiCo India President and CEO Ahmed ElSheikh…
‘Between Nivea’s ‘white is purity’ ad and Pepsi’s ‘Black soda matters’ ad, I think it’s time to open my ‘Ask a Black person’ consulting firm.’ Recent high-profile advertising missteps by Pepsi and skin-care company Nivea underscored anew Madison Avenue’s…
PepsiCo will market a range of mobile phones and accessories in China later this year. The US beverage giant will licence its brand to a manufacturing partner with the Pepsi smartphone just one of a range of planned licensed products which will also include…
