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Yum! was created in 1997 as Tricon Global Restaurants, Inc. from PepsiCo's ... Tricon Global tested multi-branded locations ... Brands opened its 40,000th store ...
PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé. In 2023, the company's seat in Forbes Global 2000 was 82. [4] PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola ...
The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide.
In January 2022, PepsiCo halted shipments of its Frito-Lays potato chips to Canadian grocer Loblaw after the retailer refused a price increase of less than 10%.
Yum! Brands (spun off from PepsiCo in 1997) owns KFC, Taco Bell, and Pizza Hut restaurants outside of China. Yum China owns KFC, Taco Bell, Pizza Hut, East Dawning and Little Sheep restaurants in China.
On March 19, 2024, Subway signed a 10-year deal with PepsiCo that begins on January 1, 2025, ending the restaurant chain's partnership with The Coca-Cola Company that was first signed in 2003 and went into effect in 2005. [45] [46] Subway's international locations had already gone back to serving Pepsi products in 2018. [46]
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. [2] Whitman was founded as the Illinois Central Railroad. [3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
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