Friday, April 29, 2011

Pepsi Plans Additional Price Increases

Similar to Coke, PepsiCo plans on more price increases on its products this summer to balance the offset of rising commodity costs. Consumers are still recovering from the economy and budgeting their necessities versus their desires; such as soda and snacks. After PepsiCo received a new sales volume, there was a renewed price push due to rising sales in snacks and beverages in North America. Consumers should expect rising prices on PepsiCo products by summer.

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