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Pepsi price hikes fuel 10% jump in the fourth-quarter sales
Read full article: Pepsi price hikes fuel 10% jump in the fourth-quarter salesPepsiCo reported better-than-expected sales in the fourth quarter after hiking prices for its drinks and snacks, but it warned that consumers may be less willing to accept those increases as this year progresses.
The Weeknd to headline the Pepsi Super Bowl halftime show
Read full article: The Weeknd to headline the Pepsi Super Bowl halftime showThe NFL, Pepsi and Roc Nation announced Thursday, Nov. 12 that the three-time Grammy winner will perform at the 2021 Pepsi Super Bowl Halftime Show on Feb. 7 at Raymond James Stadium in Tampa, Florida. (Photo by Rob Grabowski/Invision/AP, File)LOS ANGELES – The Weeknd will bring his popular falsetto vocals to the 2021 Pepsi Super Bowl Halftime Show. “We all grow up watching the world’s biggest acts playing the Super Bowl and one can only dream of being in that position,” the singer said in a statement. This is an extraordinary moment in time and the Pepsi Super Bowl LV Halftime Show is going to be an extraordinary experience with an extraordinary performer.”Roc Nation and Emmy-nominated producer Jesse Collins will serve as co-executive producers of the halftime show. “We are thrilled to have The Weeknd join us in Tampa Bay on the Pepsi Halftime Stage,” said Brian Rolapp, the NFL’s chief media and business officer.
Small cans resulting in big sales for Coca-Cola
Read full article: Small cans resulting in big sales for Coca-ColaThe company reported sales that topped forecasts, thanks in part to a double-digit increase in volume for its 7.5-ounce mini cans. The company also said that its Coca-Cola Zero Sugar brand posted double-digit sales growth. Coke changed the name of its Coke Zero product to Coca-Cola Zero Sugar a few years ago. The company said Friday that Coca-Cola Energy and Coca-Cola Energy Cherry will be available in the US in January and that there will be zero-calorie versions of them as well. Coca-Cola Energy debuted in Spain and Hungary earlier this year and the company said it is now available in more than 25 countries.
Pepsi's latest product: Water in a can
Read full article: Pepsi's latest product: Water in a canPepsi's plan to reduce plastic waste includes ditching plastic bottles for cans. The company said Friday that its Aquafina-brand water will soon be sold in aluminum cans at US fast food and restaurant chains beginning as soon as next year. "Tackling plastic waste is one of my top priorities and I take this challenge personally," PepsiCo CEO Ramon Laguarta said in a statement. The company said Bubly, its line of flavored sparkling water, will now only be offered in cans. Pepsi said it has committed to using only recyclable, compostable or biodegradable packaging by 2025, and it's pledged to make new plastic bottles using 25% recycled material.