PepsiCo

PepsiCo is currently experimenting with AI and digital twin technologies to evaluate their effectiveness in simulating, validating, and optimizing plant and warehouse facilities before implementing any physical modifications. The renowned consumer packaged goods company has initiated an early-stage trial of…

Breaking News: PepsiCo and Walmart are currently facing a class action lawsuit from consumers who claim they were charged higher prices for soft drinks at non-Walmart retailers due to an alleged price-fixing scheme. This scheme reportedly led to inflated costs…

Key Points: The Federal Trade Commission accused PepsiCo of providing Walmart with unfair pricing advantages, violating the Robinson-Patman Act. PepsiCo allegedly offered Walmart lower prices and exclusive promotions, disadvantaging other retailers selling Pepsi products. The lawsuit against PepsiCo was dismissed…

As part of a significant cost-cutting review, PepsiCo is streamlining its product offerings by nearly 20% in response to a slowdown in consumer spending and pressure from an activist investor. The company, known for brands like Doritos and Mountain Dew,…

Cheetos and Doritos are ditching artificial dyes as PepsiCo introduces a new line of snacks catering to health-conscious consumers. The dye-free versions of these popular snack brands will hit retailers nationwide on Dec. 1 under the Simply NKD line. Despite…

Key Insights: PepsiCo is testing a unified distribution model in Texas to merge its snacks and beverages businesses, aiming to reduce costs and increase productivity. Investments in technology have enabled PepsiCo to consolidate warehouses for its snacks and beverages units,…

PepsiCo recently announced the closure of two Frito-Lay facilities in Orlando, Florida, resulting in the termination of 500 positions. This decision comes as the food giant aims to address a decline in snack sales. The closure includes a manufacturing plant…

Key Takeaways: PepsiCo has unveiled a new corporate brand identity after 25 years to showcase its diverse global food and beverage portfolio. The updated logo features a white “P” surrounded by symbols representing food and grain, water, and sustainability, with…

Beverage Company Liquid Death Appoints Ricky Khetarpaul as CFO Liquid Death, a beverage company known for its unique marketing approach, has recently announced the appointment of Ricky Khetarpaul as its new Chief Financial Officer. With a background at PepsiCo and…

Key Highlights: PepsiCo has appointed Walmart finance executive Steve Schmitt as its new CFO, effective from Nov. 10. Schmitt, currently the CFO for Walmart U.S., will succeed Jamie Caulfield, PepsiCo’s CFO, who will retire next year after a distinguished 30-year…