📢 Big news! US Foods is considering selling its 90-store US Foods CHEF'STORE business to refocus on its core Broadline distribution. With limited synergies and a small contribution to overall growth, management believes CHEF’STORE would thrive under more focused ownership. Stay tuned for updates! #USFoods #BusinessNews #StrategicDecisions #RetailNews #DistributionNews #RetailStat
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The second episode of "Business Breakdown Case study" is here and this time it's about PepsiCo, the beverage, food and snack of the world ! In 1965, through the merge of Pepsi-Cola and Frito-Lay,PepsiCo - an American #multinational food, snack and beverage corporation- began its journey with a vision to provide high-quality refreshment products to the customers. Today, #PepsiCo is a global powerhouse, operating in over 200 countries with renowned brands like #Pepsi, #Lay's, etc. The reported net revenue of pepsico is $86 billion in 2023 and is still making substantial growth. 📈 Checkout their business strategies and initiatives they took to make their business a grand success! #CaseStudy #Business
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Big movement in the US snacks category market. PepsiCo has announced its acquisition of Siete Foods, a company known for its grain-free tortillas and snacks, aimed at expanding its portfolio in the fast-growing health-focused food segment. This move aligns with PepsiCo’s strategy to diversify its offerings and appeal to consumers seeking healthier options. The financial details of the deal were not disclosed, but Siete Foods has gained significant popularity in recent years, particularly among those with dietary restrictions. The acquisition reflects PepsiCo's commitment to innovation and growth in the snack food market. The total operation has a total value of $1.2 Billion. Basically the acquisition no only incorporate a new #brand in the portfolio of #Pepsico but also add more than 37.000 retail doors in the US #market; most of the ethnic stores where Pepsi see a lot of potential to grow. We can say now that Frito Lay got a #LATAM brand with solid distribution to reach the growing market of Latin and Spanish food consumers but also approaching the #healthy options for #snacking. https://lnkd.in/dtVX_q2a José Hernández García Roy L Hunt Francisco Muñoz Martínez BrandsXpansion - FOOD GROUP David Sotomayor López
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Embracing the complexity of the food and beverage supply chain is not for the faint of heart. Laura Maxwell, SVP, supply chain at PepsiCo Foods North America, shared the company’s experience doing just that over the past several years at Manifest 2024, the supply chain and logistics conference in Las Vegas, explaining how the company’s “Always. Everywhere.” motto plays a part in its most recent transformation. According to Maxwell, PepsiCo emerged from the pandemic with a desire to focus on always being a consumer's choice in foods. For the company, that meant going beyond beverages and snacks and moving into other segments such as meat snacks, pasta, sauces, syrups, cookies and much more. Broadening its portfolio led PepsiCo to take on even more supply chain complexity thanks to a wider group of line items. The company looked at three main factors as it worked to change its supply chain, including: 1️⃣ Go Small to Go Big 2️⃣ Sustainability Through Declaring “Double" 3️⃣ A Focus On Partnerships Progressive Grocer 👉 https://lnkd.in/gj_uf2RH #retail #cpg #food #supplychain #logistics #growth #supermarkets
3 Ways PepsiCo Transformed Its Supply Chain
progressivegrocer.com
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This SKU brings PepsiCo’s Power of One (selling Bev & Food products together) concept to life in a very interesting space - liquor retail. PO1 has proved to be tricky to execute because the portfolio is split across categories (and merchants), who may or may not be aligned on the timing of activities. Also harder to plan space in stores for the same reason - for bev and snacks sit in separate aisles. This does look like an alternate solution though - lets see if it scales. Well played LCBO & PepsiCo. #retailspotting
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🤝 𝐌𝐨𝐧𝐝𝐞𝐥𝐞𝐳 𝐚𝐧𝐝 𝐋𝐨𝐭𝐮𝐬 𝐁𝐢𝐬𝐜𝐨𝐟𝐟 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 🍫 Following the fascinating announcement last week that Mondelēz International and Lotus Bakeries (Biscoff) are partnering to launch new products, Robert Lawson, Managing Partner at Food Strategy Associates cast his view on what may lie ahead in Just Food. "𝘛𝘩𝘦𝘳𝘦’𝘴 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘪𝘯 𝘵𝘩𝘦𝘪𝘳 𝘱𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘸𝘩𝘪𝘤𝘩 𝘐 𝘸𝘰𝘶𝘭𝘥 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘦𝘺 𝘸𝘰𝘶𝘭𝘥 𝘷𝘪𝘦𝘸 𝘢𝘴 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘯𝘨 𝘥𝘪𝘳𝘦𝘤𝘵𝘭𝘺 𝘢𝘯𝘥 𝘵𝘩𝘦𝘳𝘦𝘪𝘯 𝘭𝘪𝘦𝘴 𝘵𝘩𝘦 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯: 𝘪𝘴 𝘵𝘩𝘪𝘴 𝘢 𝘧𝘪𝘳𝘴𝘵 𝘳𝘰𝘶𝘵𝘦 𝘵𝘰 𝘴𝘦𝘦 𝘪𝘧 𝘵𝘩𝘦𝘺 𝘨𝘦𝘵 𝘰𝘯 𝘸𝘦𝘭𝘭 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳 𝘢𝘯𝘥 𝘢𝘯 𝘦𝘷𝘦𝘯𝘵𝘶𝘢𝘭 𝘢𝘤𝘲𝘶𝘪𝘴𝘪𝘵𝘪𝘰𝘯?" Link to the article and Robert's full view in the comments below. Food Strategy Associates are seasoned experts in the global Snacking category. With >150 years of combined industry experience in our Senior Team, and having supported >50 strategy and transaction-related projects in the space, we are better placed than anyone to assist with the challenges your Snacking business faces. Please get in touch to learn more about our credentials in the space and how we can help you today. #snacking #foodandbeverage #strategy
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What's the Difference Between Food & Beverage Distributors and Brokers? 🍷 Understanding the roles can help your business flourish: 🔸 Distributors: They buy products and resell them, handling storage and delivery. 🔸 Brokers: They act as the middleman, connecting producers with buyers, but don't handle products directly. Know who you need to grow! To learn more about how we can help your brands, contact us at www.savvy-palate.com #FoodIndustry #BusinessGrowth #Distributors #Brokers #FoodService #SupplyChain #FMCG #Retail #food #beverage #consulting #foodbroker #healthyfoods #consumers #hispanic #retailindustry #shopperloyalty #supermarketnews #retailnews #customerexperience #retailtrends
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7-Eleven's recent financial struggles in North America, notably the U.S., have been the talk of the c-store industry in recent weeks, as the company is set to shutter nearly 450 underperforming locations. As it looks to foodservice to help bolster its business, the company appears intent on learning a thing or two from the second-largest grocery chain in the continent. Just recently, it tapped one of Albertsons top executives, Brandon Brown, to lead its fresh food programs. I'm curious: What practices from the grocery world could 7-Eleven use to boost its foodservice operations?
7-Eleven plucks Albertsons exec to spearhead fresh food operations
cstoredive.com
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What's happening: PepsiCo has announced its acquisition of Mexican-American food company Siete Foods for $1.2 billion, marking its first food purchase in about five years. As part of its strategy to diversify into healthier options, PepsiCo has been actively acquiring brands that align with this focus, including Bare Snacks and Health Warrior. Founded in 2014 by Veronica Garza, Siete Foods initially gained popularity for its grain-free tortillas and has since expanded to include a variety of products like tortilla chips, taco shells, salsas, and seasonings tailored for various dietary needs. These products are available at major retailers such as Target and Whole Foods. Pepsi CEO Ramon Laguarta expressed enthusiasm about enhancing the company’s multicultural portfolio with Siete’s offerings. The acquisition is expected to finalize in the first half of 2025, pending regulatory approval, amidst a trend of increasing deal-making among packaged food companies seeking to bolster sales growth. https://brnw.ch/21wNEap #LatinoBuzz
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
nbcnews.com
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PepsiCo’s move to take full ownership of Sabra Dipping Company highlights its commitment to innovation and growth in healthier food options. With Sabra’s market dominance, this is an exciting step forward for the company! As a financial advisor working with PepsiCo employees, I see this as a great opportunity to revisit your financial goals: • Have you reviewed your PepsiCo stock options or ESOPP recently? • Does this news impact your long-term investment strategy? If you’re curious how this impacts your financial plan, schedule a time to meet with me at the link below... Maximizing the Pepsi Experience: https://lnkd.in/gYnCYexV #FinancialPlanning #PepsiCo #MaximizingthePepsiExperience
Today we announced PepsiCo has agreed to acquire the remaining interest in our Sabra Dipping Company and Obela joint ventures from the Strauss Group. Nutritious, simple foods like refrigerated spreads and dips is a space we’ve been looking to expand for a long time. We’re excited to bring these brands into the PepsiCo family as we continue to focus on bringing consumers more great-tasting, nutritious, and on-the-go options. https://bit.ly/3CBkpHQ
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Exciting times! PepsiCo announced they entered into an agreement to acquire Siete Foods for $1.2B. Given PepsiCo’s annual revenue is north of $91B, it most likely won’t have a huge effect on top-line revenue upon the deal closing. However, given PepsiCo’s distribution power I would expect to see Siete’s ACV growth to acclerate within the first 2 years post-closing which revenue will acclerate with distribution. They will then leverage trade and advertising spend to stabilize velocity and in turn grow velocities to continue revenue growth. Over the arc of time, you’ll see further innovation to expand shelf placement and eating occasions. https://lnkd.in/eEqASg9V
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
cnbc.com
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