PepsiCo to cut prices and eliminate 20% of products
PepsiCo will cut about 20% of SKUs, lower prices, accelerate cleaner-ingredient product launches, and use savings for marketing and consumer value while cutting costs.
PepsiCo to cut prices and 20% of products under a new deal
PepsiCo will cut nearly 20% of product offerings, reduce prices, and reinvest savings into marketing, innovation, and consumer value following pressure from activist investor Elliott.
Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott | Fortune
PepsiCo will cut nearly 20% of product offerings, lower prices, invest savings in marketing, accelerate simpler-ingredient innovations, and review board and supply chain.