Olipop’s new CEO, Christian Patiño Webb, has set ambitious goals for the better-for-you soda brand, aiming to reach $1 billion in sales despite facing increased competition in the market. Having taken over the leadership position in August, Patiño Webb is…
Tag:
plans
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PepsiCo Focuses on Cost Cutting to Improve North American Business PepsiCo is intensifying its efforts to reduce expenses as it works towards revitalizing its North American operations, which have been a drag on profits despite recent progress. The company, known…
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Even though Pepsi hasn’t sponsored the Super Bowl Halftime Show since 2022, parent company PepsiCo has maintained a strong presence at the big game, using ads in recent years to launch a revamped Pepsi Zero Sugar, bring back Doritos’ “Crash…
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The incoming CEO of Coca-Cola is focusing on local brands to find the next $1 billion success story. Henrique Braun, the current chief operating officer set to take over the top position next month, shared his growth plans during Coca-Cola’s…
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Mondelēz International to Review Creative Agencies in the U.S. Mondelēz International is set to evaluate its creative agencies in the U.S., as confirmed by a spokesperson for the packaged foods company. This decision follows the appointment of Travis Freeman, previously…
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Key Takeaways: J.M. Smucker Co. is planning to increase coffee prices for the fourth time since June 2024 due to tariffs impacting the cost of coffee bean imports. The primary driver of direct material costs related to tariffs for Smucker…
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Ball Expands Manufacturing Operations in Southeast and Northwest During an earnings call on Tuesday, Ball Corporation announced plans to expand its manufacturing presence in the Southeast and Northwest regions through a combination of acquisition and new buildout. One of the…
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Key Takeaways: Beyond Meat is set to introduce a new whole muscle steak alternative that aims to replicate the taste and texture of a filet, catering to health-conscious consumers. The company’s CEO, Ethan Brown, revealed plans to potentially partner with…