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.
As reports circulate suggesting PepsiCo is trialing an alternative sweetening system for Diet Pepsi, the company insists that it has no intention of altering the drink’s formula or taste.
PepsiCo has signed an agreement with Diamond Star to distribute its beverage brands in Burma, granting the latter exclusive rights to sell and distribute the Pepsi Cola, 7-Up and Miranda brands in the country.
PepsiCo tells BeverageDaily.com it never meant to cause offence with a Mountain Dew advert that the UK Advertising Standards Authority (ASA) censured for a ‘dangerous stunt’, but apologizes if it did so.
PepsiCo continues to trail US rivals such as Coca-Cola in the vital energy drinks space, while new management and innovation could kick-start the former’s beverage business, according to one investment research firm.
Coca-Cola Enterprises (CCE) hopes its activation around the London Olympics and Britvic’s recent packaging related ‘dislocation’ will provide a timely boost to its business after a subdued Q2.
PepsiCo claims that its new malt-based Mountain Dew is unlike any other soft drink on the US market, and predicts consumers will be keen to try the premium-priced limited edition 'craft soda’.
The Coca-Cola Company has confirmed to BeverageDaily.com that it has signed a deal to distribute dairy-based sports recovery beverage Core Power as it targets early stage growth in an ‘exciting’ category.
PepsiCo Americas Beverages CEO, Al Carey, says his business is seeking a ‘sustainable fix’ to regain value share, with pack size limitations vis-à-vis Coke one issue being addressed via new launches.
PepsiCo has appointed Mauro Porcini in a newly created role of chief design officer, with responsibility for 'infusing design thinking into PepsiCo's organisation and culture' by globally managing the firm's brand design.
Coca-Cola has lost a trademark fight against PepsiCo after a German court ruled that the latter’s ‘Carolina’ glass bottle does not illegally resemble Coke’s hallmark ‘Contour Bottle’.
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
Leading US nutrition expert Professor Marion Nestle says that PepsiCo’s decision to invest around $500m on marketing ‘megabrands’ she describes as unhealthy was a ‘crass commercial decision’, but the firm insisted that ‘health and wellness’ was crucial...
We round up the hits and misses in the beverage industry to date so far, from self-chilling beverage cans to PepsiCo's bizarre-sounding claim that a consumer claim regarding the discovery of a mouse in a can of Mountain Dew was bogus because the...
PepsiCo is aiming strike back at Coca-Cola with it mid-calorie ‘NEXT’ cola launch at the end of March, after the latter’s Diet Coke brand pulled ahead of Pepsi-Cola in 2010, but the move carries risks, according to a Datamonitor analyst.
Consumer demand for health and wellness beverages worldwide is leading to greater convergence between soft drinks and dairy beverages, according to Rabobank.
PepsiCo now has 22 brands with at least $1bn of sales each year, including 14 billion-dollar beverage brands, with Diet Mountain Dew, Brisk and Starbucks RTD the most recent additions, the company has said.
PepsiCo is fighting claims by a consumer that he found a dead mouse in a Mountain Dew can, with a scientist testifying that there is no way the creature could have passed the bottling process intact.
Stevia-sweetened fruit drink Trop50 has been the runaway success story in PepsiCo’s US beverages business this year with volumes of the mid-calorie beverage up 50% in the third quarter, PepsiCo has revealed.
The Coca-Cola Company and PepsiCo have settled a trademark lawsuit over PepsiCo’s Trop50 juice packaging design, which Coca-Cola had claimed was too similar to that of its Simply juice range.
PepsiCo has beaten analyst expectations for first quarter profits but Morning Star analyst Philip Gorham believes that in beverages Coca-Cola is recovering better from the recession.
The new PepsiCo plant bottle appears to tick all the “green” boxes for a disposable drinks bottle but the innovation should not be taken too seriously until it arrives on shelves.
When PepsiCo put up $5.4bn last week to acquire Wimm-Bill-Dann, it was seduced by the promise of high revenue growth but like any high-yield investment the Russian deal does not come without risks.
PepsiCo has revealed its intention to buy 66 per cent of Wimm-Bill-Dann Foods for $3.8bn with plans to acquire the remaining shares following completion of the initial deal.
The Coca-Cola Company has agreed to set up a firewall to protect the interests of Dr Pepper Snapple as a condition for its $12.3bn acquisition of the North American arm of the bottler Coca-Cola Enterprises (CCE).
Sierra Mist Natural, PepsiCo’s reformulated carbonated soft drink product, may indicate a swing towards the use of sugar instead of high fructose corn syrup, say two industry analysts.
California-based flavor firm Senomyx has entered into a four-year partnership with PepsiCo in order to develop sweetness enhancers and natural high-intensity sweeteners for new PepsiCo products.
California-based flavor firm Senomyx has signed a letter agreement with PepsiCo to negotiate a deal for the development and commercialization of new sweet taste technology, Senomyx said on Thursday.
PepsiCo plans to invest $2.5bn over the next three years in China as the company turns towards the less developed central and western areas of the country for growth opportunities.
Food and beverage behemoth PepsiCo pledges to cut fat, salt and sugar across key global brands over the next ten years as demand for health-positioned products gains momentum and the Frito-Lay maker underlines wellness to deliver long-term growth.
PepsiCo has agreed to set up a ‘Chinese wall’ to ensure that the acquisition of its two largest bottlers does not jeopardise competition with rival Dr Pepper Snapple.
Unlike Coca-Cola which has recently introduced a mini can in the US to encourage healthier drinking habits, Britvic and PepsiCo are increasing their bottle sizes in the UK for the same reason.
The Pepsi Bottling Group (PBG), which is being bought out by PepsiCo, has published flat full year sales figures as volumes declined sharply in Europe and Mexico.
Beverage giant PepsiCo is to acquire Brazil’s leading coconut water company, as part of a bid to transform its beverage portfolio towards more healthful products.
PepsiCo Inc has agreed the takeover of two of its bottle makers in a deal worth $7.8bn that will see the consolidation of 80 per cent of its North American beverage volume.
The economic recession is biting across the globe, and bleeding casualties litter all industries, but now is not the time to cower. Those willing to spend may provoke a stimulation of their business that could set them up for years, if not decades, to...
PepsiCo’s failed attempt to acquire outstanding shares in two of its bottling groups could be heading to court after it filed suit against one of the parties it alleges kept some of its affiliated directors in the dark at recent board meetings.
