It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Category: Pepsico Inc
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Have Potato Chips Reached Peak Price?
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
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Why Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.
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Quaker Oats Recalls More Products Over Potential Salmonella Contamination
Several cereals, granola bars and other snack foods were recalled in December. The company added more products to the list this week.
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Carrefour Drops PepsiCo Products in France Over High Prices
Carrefour, a supermarket chain, said the maker of Pepsi, Lay’s and 7-Up was keeping its food “unacceptably” expensive despite falling inflation.
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Just How Rich Were the McCallisters in ‘Home Alone’?
Fans have been debating the McCallister family’s wealth for years. We asked the Federal Reserve for answers.
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Companies Keep Raising Food Prices, Affecting Fed’s Efforts to Tame Inflation
Coca-Cola, PepsiCo and Unilever have each reported raising prices significantly in the second quarter, complicating the Federal Reserve’s efforts to tame inflation.
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Despite Aspartame Warning, Beverage Companies Likely to Stick With It
A health agency warned the artificial sweetener may be a carcinogen, but others say that risk is overblown and consumers flock to the taste.
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PepsiCo Reports Big Jump in Profit After Price Increases
The maker of Gatorade and Lay’s, which nearly doubled its profit in its latest quarter, has been raising prices by double-digit percentages for more than a year.
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Who Created Flamin’ Hot Cheetos? A New Movie Seeks Answers
The film, now streaming on Hulu and Disney Plus, was adapted from a debunked memoir, but it does reveal how food brands want to be seen.
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Energy Drinks Are Surging. So Are Their Caffeine Levels.
More companies are pushing low-calorie, sugar-free beverages they say are healthy. Some servings have nearly the same level of caffeine as a six-pack of Coca-Cola.