PepsiCo Cuts Prices, Offers More Natural Snacks

PepsiCo, a major food and beverage company, is adjusting its pricing strategy in response to consumer resistance against higher prices. Following successful price tests, PepsiCo plans to cut prices on key brands and invest in natural snack options. This move, influenced by activist investor Elliott Investment Management, aims to boost performance in the US and improve stock value. However, the impact on overall food and beverage costs remains uncertain amidst inflation and tariffs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.