Boston Beer, the company behind the Samuel Adams beer and Angry Orchard hard cider, will make the alcoholic Mountain Dew rendition, while PepsiCo has set up a new entity to sell the product, the companies said. They expect it to be on shelves in early 2022.
Pepsi is selling its juice portfolio to private equity to beef up its focus on healthier snacks and drinks.
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.
Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.
LeBron James racked up another endorsement deal Wednesday -- a day after he joined the Boston Red Sox’s ownership group and recorded his 99th career triple-double in a Los Angeles Lakers victory.
The snack and beverage giant also topped Wall Street estimates for fourth-quarter revenue as the second round of lockdowns spurred demand for its products.
Aunt Jemima will soon become a relic of the past.
The new partnership will leverage Beyond Meat’s development team and PepsiCo’s distribution and marketing channels, the companies said.
The food-and-beverage giant generated about 57 million metric tons of greenhouse gas emissions globally in 2019
Pepsi Co. has decided to cut back on its Super Bowl commercials in order to focus more attention on its iconic Halftime Show.
Pantry food brands are gearing up for panic-shopping as coronavirus cases continue to surge and a second round of lockdowns looms.
Pepsi released a posthumous freestyle from the Notorious B.I.G.
People spending more time working from home and taking online classes has led to a rise in demand for salty snacks, boosting demand for PepsiCo's Tostitos, Cheetos and Doritos from households across North America.
The company has become the latest company to join the RE100 initiative, a global initiative that works to bring together businesses around the world committed to 100% renewable electricity.
While most soft drink companies use caffeine to provide consumers energy, PepsiCo has created a beverage that’s meant to help consumers catch some Zs.
PepsiCo reported second-quarter sales slid 3.1 percent from a year ago as consumers stocked up on snacks and bought fewer beverages amid the COVID-19 pandemic.
Companies have stepped up pressure on the franchise since earlier this week, when a group of 87 investment firms and shareholders demanded that PepsiCo, Nike and FedEx cut ties with the team unless officials agree to change the name.
PepsiCo, Inc. is quietly joining the growing number of companies pulling ad dollars from Facebook, people close to the matter tell FOX Business.
The families of two women who portrayed Quaker Oats' Aunt Jemima expressed concerns about the company's decision to scrap the controversial branding, saying it could erase their family histories.