Hershey announced that Michael Del Pozzo, the president of its U.S. confections business, will be leaving the company on December 12th to take on a new leadership role at PepsiCo. During his time at Hershey, Del Pozzo oversaw brands such…
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PepsiCo
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The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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PepsiCo Acquires Full Ownership of Sabra and Obela Brands In a strategic move, PepsiCo has announced the purchase of the remaining half of Sabra and Obela dip and spread brands from Strauss Group. The acquisition, valued at $240.8 million for…
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PepsiCo is consolidating its manufacturing operations by closing three more bottling plants, leading to over 300 job losses as part of its restructuring efforts. The company has ceased production at facilities in Cincinnati, Harrisburg, and Atlanta, resulting in 136, 127,…
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NEW YORK — Although Advertising Week New York is seeing more discussion tracks focused on performance marketing and commerce media, attention-grabbing brand-building ideas still hold the spotlight. PepsiCo Foods is set to showcase a case study at the annual confab…
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Exciting news from PepsiCo Foods North America as they announced a new initiative on Wednesday to enhance opportunities in the agriculture industry for young individuals, who currently represent only 9% of U.S. farmers. The initiative, known as the Planting Pathways…
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PepsiCo Spin-Off Tropicana Poised for Growth Just three years after PepsiCo sold Tropicana and a portfolio of other smaller brands, a top executive said the spin-off is poised to accelerate growth for its drinks through innovation and expansion into new…
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Amid rising inflation and financial pressures on U.S. households, PepsiCo has announced plans to reduce prices on select snacks to cater to value-conscious consumers. The food and beverage giant, known for brands like Fritos, Doritos, and Pepsi, highlighted the shift…