PepsiCo to cut prices, eliminate products as part of a deal with an activist investor

PepsiCo Is Shelving 20 Percent of Its Product Line: Here's What That May Mean for Your Favorite Snacks

The food and beverage giant is aiming to lean into simpler ingredients and "functional benefits" starting in 2026Angus Mordant/Bloomberg via Getty A sign displaying Pepsi, Frito-Lay and Gatorade logos as part of a Super Bowl promotion at a supermarket in Latham, New York, US, on Friday, Feb. 2, 2024.NEED TO KNOWPepsiCo, parent company to over 60 brand-name food and drink products, will pull 20% of its product line starting in 2026While the compa…

Prodded by Activist Investor, Changes Coming to PepsiCo

PepsiCo is slimming down its snack lineup and its costs to placate its powerful new shareholder. The maker of Pepsi, Lay's, and Doritos struck a deal with activist investor Elliott Investment Management that will see it cut expenses across its food and beverage operations, reduce the number of individual products...

PepsiCo cuts products, lowers prices after pressure from activist investor

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.On Monday, the food giant, whose brands include Fritos, Gatorade, Doritos, Cheetos and Aquafina, said it is in the process of reducing nearly 20% of the SKUs (stock keeping units) that it sells in the U.S. by early 2026. It has already closed three m…

Good news, bad news: Major soda and snack company says it will lower prices, cut products in 2026

As the cost of everything from groceries to ski lift tickets seems to endure an endless skyward climb, some companies are looking to cut prices instead.

PepsiCo announces it will cut prices in 2026

PepsiCo, a major player in the food and beverage industry, announced plans to cut prices and reduce its product offerings by nearly 20% by early next year.

Pepsi axing snacks, sodas from its lineup— and slashing prices in cost-cutting marathon

PepsiCo said Tuesday it has agreed to slash 20% of its soda and snack lineup in the US, lower some prices -- and layoff an unspecified number of workers -- as part of a deal with activist investor Elliott Management.