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New Super Goodness Quaker Oats targets wellness trend

25 Jul 2016

PepsiCo is launching a "Super Goodness" range of its Quaker Oats porridge brand across the UK from today (25 July) that it said will provide "enhanced nutritional qualities".

South African regulators approve Nestle, R&R Ice Cream JV

14 Jul 2016

The Competition Commission of South Africa has approved without conditions the proposed launch of an ice cream joint venture in the country – Froneri – by Nestle and R&R Ice Cream.

M&A drives growth for big food companies - study

11 Jul 2016

Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.

Unilever, PepsiCo's Smith's fined over health claims in Australia 

11 Jul 2016

Unilever and The Smith's Snackfood Co, PepsiCo's Australian arm, have been fined AUD10,800 (US$8,146) each for using "misleading healthy food representations" on products sold in Australia to school canteens. 

PepsiCo performance wows with surprising sparkle

8 Jul 2016

As PepsiCo's leadership team presented the group's results yesterday (7 July) they could have summed up their core message to investors with a blast from the past: "You've got a lot to live, and Pepsi's got a lot to give". That slogan from the early 1970s would be too tame for today's app hungry consumers and investors who demand infinite fizz in terms of products, ideas and healthy dollar returns. But the slogan did sum up the mood as PepsiCo reported second-quarter profit that beat analysts' estimates and the firm boosted its full-year forecast, helped by rising sales of snacks and soft drinks in North America.

Mondelez's bid for Hershey – 5 things to know 

4 Jul 2016

Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal. 

PepsiCo "engaging" with Indofood on child labour accusations

20 Jun 2016

PepsiCo insisted it has "engaged" with Indofood over allegations the US group's Indonesian partner breaches workers rights through practices including the use of child labour on its palm oil plantations.

PepsiCo given green light for Indian snack plant

9 Jun 2016

The Indian state government of Karnataka has given PepsiCo permission to build a major new soft drinks and snacks manufacturing plant 200km south-west of Bangalore, an official has confirmed to just-food.

Debate rages as US moves towards salt reduction

7 Jun 2016

The US government has announced plans to cut the country's salt intake, a move some in campaign circles have been urging for nearly 40 years. The Food and Drug Administration's voluntary targets attracted support from NGOs and parts of the industry, although, as Ben Cooper writes, the reaction was not entirely positive.

Calbee wants speedy return to Taiwan

19 May 2016

Calbee, the Japan-based snacks maker, is looking to re-enter Taiwan "as soon as possible" after dissolving its venture in the nation.

Kellogg, Mars, Nestle, Unilever among firms pledging to cut trans fats by 2018

17 May 2016

Global food firms including Mondelez International, PepsiCo, Nestle, Kellogg and Mars Inc. have announced a new pledge to phase out industrially produced trans-fats from their foods by 2018.

Calbee reports rising FY sales, profits

13 May 2016

Calbee, the Japan-based snacks maker, today (13 May) booked higher annual sales and earnings, with growth at home and abroad.

How Oxfam rates food majors on worker issues in their supply chains - and how the companies reacted

11 May 2016

Three of the seven issues on which Oxfam’s Behind the Brands campaign rates the world’s ten largest food and drinks companies relate directly to wages, workers’ rights and working conditions in their agricultural supply chains. Here, just-food sets out the NGO's evaluations under the three criteria - women, farmers and workers - along with the companies’ reactions.

PepsiCo, Target back campaign for 50/50 gender parity

25 Apr 2016

PepsiCo chairman and CEO Indra Nooyi and Brian Cornell, the chairman and CEO of retailer Target Corp., have announced they are to co-chair an initiative in the US aimed at achieving 50/50 gender parity. 

PepsiCo - health, wellness and premium push paying off

19 Apr 2016

PepsiCo has said its efforts on product innovation contributed "significantly" to its organic revenue growth in the first quarter, supported by a focus on trends of premiumisation and health and wellness.

PepsiCo underlying Q1 earnings beat analyst forecasts

18 Apr 2016

PepsiCo today (18 April) booked lower first-quarter sales and profits on a reported basis - but its underlying earnings were ahead of analysts forecasts.

Wind Point, former PepsiCo exec Jose Luis Prado acquire Evans Food Group 

12 Apr 2016

Private-equity firm Wind Point Partners has acquired Evans Food Group, a US manufacturer of branded and private-label pork rind snacks, in partnership with former PepsiCo executive Jose Luis Prado. 

Does competition hinder co-operation on sustainability?

6 Apr 2016

Major corporations have joined with market researchers to form Paragon Partnerships which aims create an open-access information hub to support actions addressing the UN Global Goals for Sustainable Development. Ben Cooper examines the aims behind the Unilever-led initiative and asks where companies draw the line between sharing sustainability information for the greater good and retaining insights that might offer competitive advantage.

How strategic priorities shaped PepsiCo leadership shake-up

1 Apr 2016

News PepsiCo has reorganised its senior management team following the departure of Frito-Lay North America CEO Tom Greco prompted a flurry of speculation from as to whether the company is lining up a successor to chairman and CEO Indra Nooyi. However, Katy Askew suggests bringing the company's North American businesses under a single leader can also be viewed as a natural extension of PepsiCo's "power of one" strategy. 

PepsiCo makes cage-free egg pledge

1 Apr 2016

PepsiCo is the latest company to announce a commitment on the sourcing of cage-free eggs.

PepsiCo launches Quaker breakfast snacks

29 Mar 2016

PepsiCo has added a product to its Quaker breakfast portfolio in the US.

Unilever, PepsiCo set up sustainability "platform"

15 Mar 2016

Unilever and PepsiCo are among the companies that have agreed to develop an online "platform" to share ways to tackle "development and sustainability challenges".

Millennials - What do they think of brands?

10 Mar 2016

Millennial consumers are a cohort attracting the attention of a growing number of consumer goods companies. Richard Woodard considers the relationship between brands and those seen as having been born from the early 1980s to the early 2000s.

PepsiCo, Danone express concern over new Russia dairy rule

9 Mar 2016

PepsiCo and Danone, two of the largest dairy groups in Russia, have expressed their disquiet about changes to safety regulations in the country.

Greenpeace takes aim at FMCG deforestation pledges

8 Mar 2016

Greenpeace has insisted there is "a considerable amount of work to be done" before consumer goods companies can say no deforestation takes place in their supply chains in a report critical of FMCG giants including PepsiCo.

RSPO Next - What has been the reaction to the new palm oil standards?

23 Feb 2016

The Roundtable on Sustainable Palm Oil was, in its early days, hailed as a model of inter-stakeholder collaboration but has faced mounting criticism as the years have gone by - not least in a stinging letter from a number of food companies last summer. The organisation has a new set of criteria - RSPO Next - that it says strengthen standards. But, as Ben Cooper reports, the new benchmarks have attracted disapproval.

PepsiCo takes Sunbites into UK popcorn market

22 Feb 2016

PepsiCo is taking its Walkers Sunbites brand into the popcorn category in the UK.

PepsiCo CEO Indra Nooyi - "We are struggling to find right M&A targets" - CAGNY

19 Feb 2016

PepsiCo is looking to acquire businesses but is finding it difficult to find the right companies to buy, chairman and CEO Indra Nooyi has indicated.

PepsiCo's 2015 results and 2016 outlook - the key takeaways

12 Feb 2016

The macro-economic environment, prospects in Latin America, doing business in the Middle East and the outlook for pricing where the hot topics discussed on PepsiCo's conference call with analysts yesterday (11 February) after the company announced its numbers for 2015.

PepsiCo CEO Indra Nooyi warns "macro challenges" will continue

11 Feb 2016

PepsiCo chief Indra Nooyi today (11 February) warned the global macroeconomic challenges facing business will persist in 2016, claiming she had not seen trading conditions of this nature in her time in business.

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