PepsiCo, Inc. (PEP) has announced the launch of its new reduced calorie beverage called Pepsi True, which will start selling by mid-October, initially through the e-commerce channel Amazon.com, Inc. (AMZN), before being rolled out on a massive scale.
NEW DELHI: A significant senior level realignment is underway at Coca-Cola’s India operations even as the US beverages giant struggles to grow its sales in this critical market. The company has relocated heads of its bottling and franchisee operations to roles outside India while there is also speculation of significant changes at bottling arm Hindustan Coca-Cola Beverages (HCCB) where three function heads are said to be on their way out.
NEW DELHI: Cans of Coca-Cola brands have hit a high of Rs 100 in Coke-exclusive mid-tier mass restaurants such as McDonald's and Haldiram's. The same cans are available for Rs 30 in retail stores. The prices have risen from Rs 60 to Rs 100 this summer, and all stores are now charging Rs 100 since the past fortnight. All the prices are printed on the cans. Trade insiders said the restaurants are charging a mark-up of over Rs 50 now on the cans to take advantage of peak summer.
Coca-Cola Enterprises Inc. (CCE), the world's largest marketer, producer, and distributor of Coca-Cola products and the anchor bottler for North America and Western Europe, has upgraded its earnings per share ((EPS)) guidance.