Food and Drinks

PepsiCo bets on higher soda sales as restaurants reopen

PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines.

CarMax offering 24-hour test drives with free Dunkin'

CarMax has teamed up with Dunkin' to offer $10 gift cards to customers who take one of its cars for a 24-hour test drive. The used car retailer is also allowing purchased cars to be returned for a full refund within 30 days.

Kraft Heinz 'Mayochup' dispute revived by US appeals court

Like David and Goliath fighting over a mayonnaise-ketchup blend, the small-business owner of a nine-room Star Motel in Lacombe, Louisiana can’t sue behemoth Kraft Heinz for selling a comparable condiment, said the 5th U.S. Circuit Court of Appeals.

McDonald's seeks damages against Tyson Foods, Pilgrim's Pride over chicken price-fixing claims: report

"McDonald's distribution centers (DCs) may have been victims of the purported conspiracy, unknowingly purchasing broiler chickens from Tyson and Keystone Foods (now owned by Tyson) at alleged wrongfully-inflated prices, which our DCs then resold to McDonald's and franchisees," Marion Gross, McDonald's chief supply chain officer, and Angie Steele, the interim US general counsel wrote in the memo.