This week Coca-Cola’s CEO Muhtar Kent has been at the World Economic Forum in Davos; Diageo increased availability of nutritional information about its brands; and PepsiCo added four flavors to its Mtn Dew Kickstart range. Read on for more beverage bites…
PepsiCo will highlight its sustainability progress across its most significant areas: water, packaging, waste, energy and agriculture at Gulfood Manufacturing 2015, in Dubai, this week (October 27).
PepsiCo’s new report on its sugarcane supply chain in Brazil and the impact it has on land rights has been welcomed with caution and some critique by Oxfam.
PepsiCo’s 2015 launches will see an increased focus on products with health benefits, while it will push smaller packages to make the most of growth in its on-the-go business.
Frito-Lay CEO Tom Greco insists snacks and beverages occupy common ‘demand spaces’, and PepsiCo’s ‘Better Together’ approach gives it the scale to outpace its rivals at retail level.
PepsiCo has met or exceeded its 2014 financial targets, and CEO Indra Nooyi says the company’s innovation pipeline is possibly its strongest ever, forecasting resilience to a volatile global macro environment.
Division encompasses Quaker, Tropicana and Gatorade
PepsiCo has cut about 100 employees from its Chicago, Illinois office, home to the company’s North America Nutrition division, which handles the Gatorade, Quaker, and Tropicana brand lines.
PepsiCo Americas Beverages CEO Al Carey says he wants to spend less on soda promotions where sales are declining and more on spurring growth in faster-growing portfolio areas.
US consumer insights platform Instant.ly says its August survey measuring consumer intent to purchase recent soft drinks launches puts PepsiCo’s Gatorade Fierce Blue Cherry at the top of the chart.
As Coke inks a $2bn+ deal to buy a stake in Monster Energy, we explore the implications for energy drinks – and predict a harder fight for PepsiCo and Red Bull.
PepsiCo CEO Indra Nooyi says the company is positioning itself as the highest growth food and beverage manufacturer in a ‘relatively low growth’ US retail landscape where fresh food is trending strongly.
PepsiCo and Coca-Cola energy drinks brands AMP, NOS and Full Throttle continue to lose ground on Red Bull and Monster despite a massive advertising spend – because of unappealing packaging…
Steve Hills, European contract manufacturing director, reveals ambitious six-year plan
PepsiCo Europe says it plans to grow the size of its contract manufacturing business six-fold in as many years to accelerate food and beverage innovation and boost productivity.
Tate & Lyle has poached PepsiCo executive Nick Hampton to serve as its new CFO and one analyst says he must transition from branded goods to a more ‘commodity-influenced B2B model’.
Friends of the Earth tells BeverageDaily.com it will edit its headline-grabbing report claiming that nano-ingredients are used in beverages by Coke and Pepsi to reflect its innocent usage of data that was apparently misstated in the PEN inventory of consumer...
Coke's ‘savvy’ pricing strategy has helped it take share from Dr Pepper Snapple and PepsiCo in 2014 to date but analysts warn the policy may not be in the brand’s best long-term interest amidst worry about CSDs.
Energy drink sales growth in the US slowed to its lowest in over a year in the month ending May 10 but the ‘Easter shift’ may be the main reason why, while Monster continues to out-gun Red Bull.
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Dr Pepper Snapple’s TEN platform ‘continues to decelerate’ in the US and many C-store operators are suggesting that they plan to pull the line from shelves and coolers, one analyst warns.
By ‘Whatever happened to my beverage rock ‘n roll?'
PepsiCo must return to its roots as a ‘lean, hard-hitting’ $30bn+ revenue beverage business under standalone management as the current strategy risks destroying its North American arm, Nelson Peltz warns.
'Pepsi's been outmaeuvered by coke, outshone by dr pepper' - crusading investor
Nelson Peltz insists that Coke has PepsiCo on the back foot and says the latter is even outshone by Dr Pepper despite a stellar beverage portfolio including Gatorade, Tropicana and Mountain Dew.
SUCCESSFUL MORNING DRINK 'PLAYS AROUND THE ENERGY SPACE'
PepsiCo CEO Indra Nooyi says the firm will not buy brands in the lucrative energy drinks space and insists existing $150m+ offer Mountain Dew Kickstart is ‘right for the masses’.
New non-cola products sweetened with stevia and sugar will hit the US market this year, while cola products combining stevia and sugar will be tested in other markets, says PepsiCo.
'Energy is what the younger consumer identifies with': Retailer
US C-Stores owners do not believe all-natural sweeteners can reverse flagging soda sales, says one US analyst, who is also advising Dr Pepper to stop investing in its low-calorie TEN platform.
D Shivakumar has been named as the new chairman and chief executive of PepsiCo India, a post that has been lying vacant since former incumbent Manu Anand quit the company in June to join Cadbury Kraft.
These British émigrés all go down rather well in the US, and Britvic’s CEO now claims that soft drink Fruit Shoot is growing the $200m kids’ single-serve category where native brands fall short.
Sidel says its ECO lamps for blow molding machines – recently adopted by PepsiCo Germany to cut energy use 19% – use a proprietary ceramic reflector to significantly increase heat efficiency.
The US convenience store sector is poised for continued growth driven by the growing number of Hispanic consumers (heavy users of c-stores), and increased demand for ‘grab n go’ convenience, better-for-you options and foodservice offerings, according...
The recent drop in diet soda sales in North America has been “a little more rapid than we expected” says PepsiCo CEO Indra Nooyi, but PepsiCo remains convinced that “significant disruptive innovation” rather than “ridiculous pricing” is the best way to...
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Dr Pepper TEN risks sharing the fate of ‘countless other’ product extensions’ that fail to cut it as independent brands, given declining distribution in the US C-store channel, one analyst warns.
With the bunting barely cleared away following Coca-Cola’s triumphal march on Rangoon earlier this month, the company’s local partner has already indicated more celebrations are on the horizon.
Heineken has refused to comment on rumors it has now put its Finnish business Hartwall up for sale seeking around €500m, after starting a strategic review of the unit in February.
Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment on rumors of a potential $788m sale.
PepsiCo has reportedly strengthened its relationship with US PR firm Weber Shandwick, by briefing the latter to oversee an extension of its AMP energy portfolio that taps the brand’s racing heritage.
While brominated vegetable oil (BVO) has been sitting on a list of food additives “permitted on an interim basis pending further study” for decades, it is not in ‘regulatory limbo’ and is safe to use in fruit-flavored beverages, insists the Food and Drug...
A 16-year-old student is claiming victory after PepsiCo announced it will remove emulsifier Brominated Vegetable Oil (BVO) from Gatorade in the US, but the firm says it will continue to use the patented flame retardant in Mountain Dew.
PepsiCo has signed a deal that confirms it as the strategic beverage supplier for all Burger King’s (BK’s) restaurants across China, via franchise bottler Pepsi Beverage Business (PBB).
Despite giving us object lessons in corporate word wash, can PepsiCo pull off what seems like a slightly puzzling mission, namely a long-term plan to ‘drinkify' snacks and vice versa under its Power of One banner?
AG Barr and Britvic insist on the ‘compelling commercial and industrial logic’ of an all-share merger to create one of the top soft drinks companies in Europe with a turnover of over £1.5bn.
Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.
PepsiCo says it feels sadness after the sudden resignation of president John Compton, who has left the firm to pursue a ‘once in a lifetime’ opportunity as CEO of Pilot Flying J.
