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Sale of Pepsi plant in Hampden pending
Sam Himmelrich, of Himmelrich Associates, is in the process of purchasing the Pepsi plant in the Hampden neighborhood. “There is a pending financial transaction that involves a sale and lease back to Pepsi of the Pepsi property … they are going to be there for some indefinite period of time, and that the new owner, […]
Will Md. consumers embrace Pepsi’s ‘craft soda’?
Marylanders who shop at some Costco outlets will get a chance to show Pepsi whether they’re willing to buy a new “craft soda” that nods to a bygone era in the company’s history.
Drink giants get in on mix-your-own trend
It keeps getting easier to ditch the soda can.
Coca-Cola, PepsiCo see soda declines continue
NEW YORK — It seems that not even Beyonce or new, lower-calorie options can convince Americans to drink more soda. Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. all sold less soda in the second quarter in North America, dashing hopes for the moment that splashy new marketing and different sweetener mixes could […]
Doritos to roll out chips in ‘Taco Bell’ flavor
NEW YORK — Frito-Lay wants a bite of Taco Bell’s popular Doritos Locos Tacos. The snack food giant plans to roll out its Doritos in a “Taco Bell” flavor as a limited-time product this spring, aiming to capitalize on the popularity of the Doritos-flavored tacos introduced by the fast-food chain last year. Ann Mukherjee, chief […]
Diet Pepsi quietly changes sweetener
NEW YORK — Diet Pepsi is quietly changing its sweetener ahead of a major rebranding of the soft drink set for next month. The change comes as PepsiCo Inc. looks to reinvigorate its namesake brands after losing market share to Coca-Cola Co. in recent years. Cans of Diet Pepsi around the country now list a […]
Pepsi Bottling Group settles overtime lawsuit
A group of Pepsi Bottling Group Inc. employees will receive $187,275 as part of a settlement in a collective action over unpaid overtime compensation. Pepsi will also pay administrative costs and attorneys’ fees that bring the total above $270,000, according to court documents. Avary Leigh was the class representative of a group of about 60 […]
Coke, Pepsi make changes to avoid cancer warning
NEW YORK — Coca-Cola Co. and PepsiCo Inc. are changing the way they make the caramel coloring used in their sodas as a result of a California law that mandates drinks containing a certain level of carcinogens bear a cancer warning label. The companies said the changes will be expanded nationally to streamline their manufacturing […]
Pepsi’s mid-calorie soda aims to win back drinkers
NEW YORK — Pepsi is hoping to win back soda drinkers with a compromise. Some people don’t like the calories in regular soda, but loathe the taste of diet. So the nation’s No. 2 cola company is rolling out “Pepsi Next,” a drink that has about half the calories of regular Pepsi at 60 calories […]
Pepsico to cut 8,700 jobs; 4Q net rises
NEW YORK — PepsiCo is trying to put some fizz back into its business. The food and drinks maker announced a restructuring on Thursday that includes cutting 8,700 jobs globally and plowing money into advertising drinks like Pepsi and Mountain Dew in North America. Pepsi announced its cost-cutting plan Thursday as it reported better-than-expected fourth-quarter […]
To thwart porn, colleges are buying up .xxx sites
ST. PAUL, Minn. — The University of Kansas is buying up website names such as www.KUgirls.xxx and www.KUnurses.xxx. But not because it’s planning a Hot Babes of Kansas site or an X-rated gallery of the Nude Girls of the Land of Aaahs. Instead, the university and countless other schools and businesses are rushing to prevent […]
PepsiCo 3Q profit climbs on snack, beverage sales
PURCHASE, N.Y. — PepsiCo Inc.’s third-quarter profit rose 4 percent because of higher prices and rising sales of its snacks and beverages, especially overseas. Food and beverage companies like PepsiCo have been raising prices to offset higher costs for ingredients, packaging and fuel. They have also increasingly relied on business abroad to help their performances, […]
