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PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$70 billion. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé.
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.
Shares of PepsiCo recently fell by 3% after the company reported that it had decided to retain its North American beverage business. Shareholder activist Nelson Peltz hopes that PepsiCo will spin ...
The next stage of his career brought him wide recognition in the business community while he served as President of KFC International Asia and CEO of PepsiCo Restaurants International, Asia, and the Middle East. [4] [5] At KFC International Asia Tim Lane inherited a loss-making 250 store system generating $250 million in sales. [6]
Both Coca-Cola and Pepsi can trace their origins back to the 1890s, and the two sodas seemed to be able to peacefully co-exist until nearly a century later. But in the 1980s, the companies began...
This is an alphabetical list of PepsiCo brands. [ 1 ] [ 2 ] It lists licensed trademarks , partnerships, including those in only certain markets, and products , split into foodtypes. Trademarks
A year later, PepsiCo purchased Taco Bell from founder Glen Bell. [4] In July 1986, R. J. Reynolds sold KFC to PepsiCo [4] to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell from William Van Domelen, [5] but the company was sold in 1996. [6] In 1992, PepsiCo acquired California Pizza Kitchen.
About 750 jobs were expected to be cut in Pepsi Bottling's U.S. and Canada operations, including the closure of four facilities in the U.S. In Europe, operation streamlining would impact 200 jobs, while in Mexico, the closure of three plants, 30 distribution centers and 700 routes would impact 2,200 jobs.
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