PepsiCo – the global beverage and snack company which boasts 22 billion-dollar brands and generated more than $64bn in net revenue in 2018 - is welcoming applications from start-ups based in the US and Canada.
PURCHASE, N.Y., May 11, 2020 /PRNewswire/ -- As consumers increasingly turn online for their food and beverage needs during the COVID-19 pandemic, PepsiCo, Inc. (NASDAQ: PEP) today announced the launch of PantryShop.com and Snacks.com, two direct-to-consumer websites where shoppers can order an assortment of PepsiCo's trusted and loved food and beverage brands. “We're seeing that consumers are looking for immunity more,” Laguarta said, adding that PepsiCo’s juice business is “booming.” PepsiCo, parent of brands including Tropicana juice and Naked smoothies, can “come up with other beverages and even snacks that go against that need,” he said. PepsiCo's Journey to Racial Equality . I cover retail, from fashion to grocery, and its dance with technology, convenience stores and away-from-home premises like theaters or restaurants close or limit in-store dining. - Last updated on var reg = new RegExp('\\W+', "g"); googletag.cmd.push(function () PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. “Whoever wins in e-commerce now and is able to capture those families that are trying this e-grocery service for the first time is going to win those families in the future,” PepsiCo CEO Ramon Laguarta said on the company’s call Monday. dataLayer.push(dataLayerNews); In addition to buying for themselves, consumers can ship products as gifts to friends and family via both platforms and the majority of orders on PantryShop.com and Snacks.com will arrive within two business days. An innate curiosity about how things work and what sets one brand apart from another drives my coverage, described as “a distinct voice in a sea of noise.” I’m noted for my ability to distill scoops of insight from commodity news and create ahead-of-the-curve trend-setting pieces.
PepsiCo announces a more than $400 million initiative over 5 years to lift up Black communities and Black representation.
The Purchase, New York-based company, like many others, isn’t giving a financial outlook as the U.S. grapples with spikes in Covid-19 cases in some states. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. "Snacks.com provides our incredibly loyal Frito-Lay shoppers with beloved products like Lay's Classic potato chips, Doritos Cool Ranch flavored tortilla chips and Flamin' Hot Cheetos so they can quickly and conveniently fill their pantries.". PepsiCo's 2020 accelerator highlights its interest in: • Plant-based solutions - 'We want to enable wellness through offering a wider array of plant-based food and beverage alternatives'• Natural ingredients that nurture consumers - 'we're looking for fresh approaches to functionality and wellness'• Energy & mood management - 'managing our energy in a healthy and holistic way in this chaotic world is more important than ever'• Purpose minded - 'we're looking for brands with a distinct purpose or mission, focused on improving people's lives, such as community improvement, human well-being, or sustainable packaging', Full details about the accelerator can be found at greenhouseaccelerator.com.
Liquid Immunity with Hawaiian Farm Grown BioAstin®, Reduce Sugar | Total Sweet Solutions from Sweegen, Bali Hai expands capacity with Sidel complete can line, Sign up to our free newsletter and get the latest news sent direct to your inbox, Processing Equipment & Systems, Automation, Control, Packaging & Packing Materials, Containers, News & Analysis for the Beverage Industry. … E-commerce is a key area where we think we can gain market share.”. PepsiCo has launched its second PepsiCo Greenhouse accelerator program in North America: calling for applications from start-ups which are at the forefront of transformative trends. By the end of 2020, PepsiCo will source 56% of its electricity around the world through renewable sources.
Read More . Learn More . The enhanced water drink contains 200 … The multi-product pantry kits are priced at $29.95 and $49.95. "Over the last few years, PepsiCo has been working to be a faster, stronger, better company, one that is laser focused on meeting consumer needs and winning in the marketplace. PEP vOut = vOut.toLowerCase();
dataLayerNews = {}; In one telling example, PepsiCo in May introduced PantryShop.com and Snacks.com to allow shoppers to order an assortment of its products directly. My passion in storytelling goes beyond retail.
dataLayerNews.related_tags = sanitize_gpt_value2("Pepsico, Innovation, Us, Canada, start-ups, Entrepreneurship"); I have, I have covered the retail industry for well over a decade and written for publications including the New York Times, the Wall Street Journal and Bloomberg News. “Since its inception, the PepsiCo Greenhouse has been a great source of ideation, talent development and agility, while also providing an opportunity to collaborate with like-minded, mission-driven entrepreneurs as they develop and scale their innovative ideas that look to improve the way we shop and eat, offer new choices to consumers and solve the needs of our communities.” . reported on Monday. PepsiCo launched the Greenhouse program in Europe in 2017 and expanded the program to North America in 2018, where it awarded Austin, Texas-based Hapi drinks (a sugar-free kids drinks company) as the winning brand. Juice Drinks,
PantryShop.com and Snacks.com were developed from concept to execution in less than 30 days by leveraging a combination of PepsiCo's technology, insights, resources and inventory to quickly meet consumers' evolving needs. “We're going to obviously move our advertising and our consumer support in terms of giving them recipes and helping them with solutions that kind of go incentivize that habit,” he said. Subscribe, By Rachel Arthur A new kind of healthy pitch in the grocery aisle: Just as many household items with antibacterial claims have been coveted by consumers during the pandemic, items that may boost your immune system may become trending. Soft Drinks & Water, 06-Dec-2019 at 12:53 GMT. }); The beverage and snack giant highlights its interest in plant-based solutions; natural ingredients; energy and mood management and sustainability for the 2020 round. “SodaStream is a beautiful business for this situation we're living today,” Laguarta said, adding that the company is investing “substantial amounts.” “Consumers don't have to leave their houses. As an introductory offer, shoppers will receive free shipping with a purchase of $15 or more. Coronavirus has dented PepsiCo's global beverage second-quarter sales as consumers traveled less to ... [+] convenience stores and away-from-home premises like theaters or restaurants close or limit in-store dining. Free newsletter The 10 selected start-ups will be granted $20,000 in funding and will participate in a six-month business optimization program designed to accelerate growth. for (var i=0; i < aTags.length; i++) At the end of the program, one winning program will be awarded a further $100,000 to continue its expansion, alongside the opportunity to partner with PepsiCo. PantryShop.com On PantryShop.com, consumers can order specialized bundles containing PepsiCo's top-selling, pantry favorites from brands like Quaker, Gatorade, SunChips and Tropicana, within categories such as "Rise & Shine," "Snacking," and "Workout & Recovery." The program will help start-ups address critical early-stage business operations like strategic planning, corporate structuring and fundraising. An opportunity for a do-it-yourself soda machine: While PepsiCo’s global beverage sales declined, with consumers going out less and many places where they traditionally consume soda shut down or closed for in-store dining, Bubly flavored seltzer water posted gains as part of the increased demand for what consumers perceive as healthier choices. To boost the use of renewable energy PepsiCo is using a range of solutions, including Power Purchase Agreements (PPAs) that support development of new projects such as solar and wind farms around the world.
2019 PepsiCo Sustainability Report. “We're investing heavily in trying to be the first in that channel. googletag.display('text-ad1'); Learn More .
These pantry kits have been thoughtfully curated based on affinity research and are designed to meet consumers' 'new normal' such as working and exercising from home and homeschooling. Subscribe
contact, 06-Dec-2019
Related tags: PURCHASE, N.Y., May 11, 2020 /PRNewswire/ -- As consumers increasingly turn online for their food and beverage needs during the COVID-19 pandemic, PepsiCo, Inc. (NASDAQ: PEP) today announced the launch of PantryShop.com and Snacks.com, two direct-to-consumer websites where shoppers can order an assortment of PepsiCo's trusted and loved food and beverage brands. Guidance on brand optimization, product development, supply chain management, customer acquisition and distribution will also be provided. PepsiCo is launching a new drink called Driftwell that is meant to help consumers relax and unwind before bed.
{ PepsiCo, I have also been ranked as a top industry influencer since 2013. "In these uncertain times, as more and more consumers are using eCommerce channels to purchase food and beverage products, PantryShop.com and Snacks.com offer shoppers another alternative for easy and fast access to products they love.". Jim Andrew, PepsiCo Executive Vice President, Corporate Strategy and Chief Venturing Officer, says the accelerator is all about integrating purpose into the core of its business and brands. Interviews with newsmakers or on-the-ground coverage of major events aren’t the only things that interest me. Photographer: Chris Ratcliffe/Bloomberg, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. • Natural ingredients that nurture consumers - 'we're looking for fresh approaches to functionality and wellness'. return vOut; Amid the uncertainty, expect these trends to have staying power: CPG companies doubling down on e-commerce: Since March 1, stay-at-home U.S. consumers have spent even more online than they did during the holiday season in November and December, Adobe Contact: Carrie Ratner, Carrie.Ratner@pepsico.com, Combined Circular to Pioneer Foods Shareholders. {
It’s no surprise that increased online grocery orders have played a key part. Opinions expressed by Forbes Contributors are their own. COVID-19. function sanitize_gpt_value2(gptValue) Investing in eCommerce and digital capabilities and talent has been – and will continue to be – a big part of that effort," said Gibu Thomas, Senior Vice President & Head of eCommerce. It’s also simplifying its product portfolio to focus on better-performing items, part of a growing industrywide trend. 1921-2020. PantryShop.com was developed completely in-house leveraging end-to-end capabilities built from the ground up by PepsiCo's eCommerce team. I’m just as eager to take in the stories of consumers.
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