PepsiCo to cut prices and 20% of products under a new deal

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos, and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next year. PepsiCo said it will use theContinueContinue reading “PepsiCo to cut prices and 20% of products under a new deal”

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