Misplaced Pages

#273726

61-727: CPK may refer to: Businesses and organizations [ edit ] California Pizza Kitchen , a restaurant chain Chesapeake Utilities (New York Stock Exchange symbol CPK) Communist Party of Kampuchea , commonly known as the Khmer Rouge Communist Party of Korea , a former political party in Korea Communist Party of Kenya , a Kenyan political party Science and technology [ edit ] Process capability index (C pk ),

122-492: A "responsibility" to continue to sell "milk and other dairy offerings, baby formula and baby food", and that "[b]y continuing to operate, we will also continue to support the livelihoods of our 20,000 Russian associates and the 40,000 Russian agricultural workers in our supply chain". In July 2022, it was announced that PepsiCo will rebrand its products in Russia to PepsiCo Russian brands such as Evervess and Frustyle, in response to

183-540: A 1 million peso grand prize, leading to riots and the deaths of five people. In August 2012, PepsiCo signed an agreement with a local Myanmar distributor to sell its soft drinks after a 15-year break to re-enter the country. SodaStream, which PepsiCo acquired in 2018 is based in Israel, while Sabra (which PepsiCo co-owns with the Israeli food conglomerate Strauss Group ) holds a 60% market share for hummus sales in

244-678: A Norwegian company, while the other ships were immediately sold for scrap. A deal struck the following year would've seen Pepsi acquire 85 ships worth nearly $ 3 billion over the next 10 years, but it only acquired 10 additional ships before the fall of the Soviet Union in 1991. The deal was renegotiated with the former nations of the USSR, and included receiving cheese from Russia to supply its Pizza Hut locations and receiving double-hulled tankers from Ukraine. These deals also originated an erroneous factoid which claims that, after acquiring

305-465: A better position for either a sale or an IPO . PepsiCo PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York , in the hamlet of Purchase . PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with

366-414: A change Flax and Rosenfield later reversed. In 1997, the private equity firm Bruckmann, Rosser, Sherrill & Company bought out PepsiCo's two-thirds stake with the intention of taking CPK public in 2000, pushing for expansion to resume. Veteran restaurant executive Fred Hipp was hired to run CPK with an aggressive expansion plan, including 18 new stores in 2002, 22 in 2003, and 28 in 2004. The expansion

427-653: A food and beverage industry main brand is annual sales over US$ 1 billion. As of 2015, 22 PepsiCo brands met that mark, including: Pepsi , Diet Pepsi, Mountain Dew , Lay's , Gatorade , Tropicana , 7 Up / Teem , Evervess , Doritos , Brisk , Quaker Foods , Cheetos , Mirinda , Ruffles , Aquafina , Naked, Kevita, Propel , Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max , Tostitos , Sierra Mist (discontinued in 2023 in favor of Starry ), Fritos , Walkers , and Bubly . The structure of PepsiCo's global operations has shifted multiple times in its history as

488-454: A line of children's dolls Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title CPK . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=CPK&oldid=1240524748 " Category : Disambiguation pages Hidden categories: Short description

549-612: A majority stake in Tropicana, Naked and other North American juice brands to French private equity firm PAI Partners for US$ 3.3 billion, so that the company can concentrate on its healthy snack food business. Pepsi will hold a 39% stake in the joint venture as well as having exclusive rights to the brand in the USA. In August 2022, PepsiCo acquired a $ 550 million stake in the energy drink maker Celsius. The Coca-Cola Company has historically been considered PepsiCo's primary competitor in

610-569: A measure of process capability CPK coloring , a way to color atoms when visualizing molecular models Creatine phosphokinase , an enzyme found in humans, or alternatively a blood test for it Transport [ edit ] Carpenders Park railway station , England (National Rail station code CPK) Central Communication Port (Polish: Centralny Port Komunikacyjny ), a planned airport in Poland Other uses [ edit ] "C.P.K." (Unwritten Law song) Cabbage Patch Kids ,

671-818: A new company named Tricon Global Restaurants, which later became known as Yum! Brands, Inc. PepsiCo also previously owned several other brands that it later sold so it could focus on its primary snack food and beverage lines, according to investment analysts reporting on the divestments in 1997. Brands formerly owned by PepsiCo include: Pizza Hut , Taco Bell , KFC , Hot 'n Now , East Side Mario's , D'Angelo Sandwich Shops , Chevys Fresh Mex , California Pizza Kitchen , Stolichnaya (via licensed agreement), Wilson Sporting Goods , and North American Van Lines . The divestments concluding in 1997 were followed by multiple large-scale acquisitions, as PepsiCo began to extend its operations beyond soft drinks and snack foods into other lines of foods and beverages. PepsiCo purchased

SECTION 10

#1732772371274

732-547: A result of international expansion, and as of December 2021 it is separated into seven main divisions: PepsiCo Beverages North America (PBNA), Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America, Europe, Africa, Middle East, South Asia (AMESA) and Asia Pacific, Australia/New Zealand, China (APAC). As of 2015, 73 percent of the company's net revenues came from North and South America; 17 percent from Europe and Sub-Saharan Africa; and 10 percent from Asia,

793-460: A wide span of developing and emerging markets, including the key countries of Egypt, India, Saudi Arabia, Pakistan and South Africa. In 2020, PepsiCo acquired Pioneer Foods, a leading food and beverage company in South Africa, adding its robust, well-known brands including Weet-Bix, Bokomo and Ceres to PepsiCo's portfolio. The Pioneer Foods acquisition is key to PepsiCo's growth strategy across

854-575: Is Kraft Foods (now Mondelez International ), which in the same year held 11 percent of the U.S. snack market share. Other competitors for soda are RC Cola , Keurig Dr. Pepper , and independent brands varying by region. In 1959, the USSR held an exhibition of Soviet technology and culture in New York. The United States reciprocated with an exhibition in Sokolniki Park , Moscow , which led to

915-440: Is conducted by PepsiCo as well as by licensed bottlers in certain regions. Pepsi has been repeatedly criticized by environmentalists for its relationship to negative environmental impacts of agriculture in its supply chain and in its distributing operations, such as palm oil –related deforestation and pesticide use, its use of water resources, and the negative impacts of its packaging—Pepsi's packaging has consistently been one of

976-527: Is conducted via alternate means such as licensing (which it does with Aquafina), contract manufacturing, joint ventures, and affiliate operations. PepsiCo's businesses in these regions, as of 2015, contributed 10 percent to the company's net revenue worldwide. In 1992, the Pepsi Number Fever marketing campaign in the Philippines accidentally distributed 800,000 winning bottle caps for

1037-495: Is different from Wikidata All article disambiguation pages All disambiguation pages California Pizza Kitchen The chain has over 185 locations in 32 U.S. states and 10 other countries, including 15 California Pizza Kitchen nontraditional, franchise concepts designed for airports, universities, and stadiums. CPK's brand is licensed to a line of hand-tossed style, crispy thin crust, gluten-free crust, and small frozen pizzas for sale in supermarkets. The brand

1098-809: Is the largest manufacturer of cookies in Mexico, distributing brands such as Emperador, Arcoiris and Marías Gamesa. The division contributed 4 percent of PepsiCo's net revenues in 2015. PepsiCo's Latin America Foods (Spanish: Snacks América Latina ) operations market and sell primarily Quaker- and Frito-Lay/Sabritas/Elma Chips-branded snack foods within Mexico, Central and South America, including Argentina, Brazil, Peru, and other countries in this region. Snacks América Latina purchased Peruvian company Karinto S.A.C. including its production company Bocaditas Nacionales (with three production facilities in Peru) from

1159-593: The COVID-19 pandemic . Owner Golden Gate Capital LP had acquired the company in 2011 and lost 100% of its investment. In October 2020, the sale of the company's assets was cancelled because no party submitted a qualified bid by the sale deadline. The company emerged from bankruptcy in November 2020, with significantly less debt, and hired a new CFO, Judd Tirnauer. In mid-2021, it reportedly hired advisors to refinance its remaining $ 177 million debt, which would put it in

1220-506: The Pearl Milling Company brand, which as of 2009 was the top selling line of syrups and pancake mixes within this region. Sabritas and Gamesa are two of PepsiCo's food and snack business lines headquartered in Mexico, and they were acquired by PepsiCo in 1966 and 1990, respectively. Sabritas markets Frito-Lay products in Mexico, including local brands such as Poffets, Rancheritos, Crujitos, and Sabritones. Gamesa

1281-588: The orange juice company Tropicana Products in 1998, and merged with Quaker Oats Company in 2001, adding with it the Gatorade sports drink line and other Quaker Oats brands such as Chewy Granola Bars and Aunt Jemima , among others. In August 2009, PepsiCo made a US$ 7 billion offer to acquire the two largest bottlers of its products in North America: Pepsi Bottling Group and PepsiAmericas . In 2010 this acquisition

SECTION 20

#1732772371274

1342-510: The Hayashida family of Lima in 2009, adding the Karito brand to its product line, including Cuates, Fripapas, and Papi Frits. The company started a new market strategy to sell its Pepsi Cola product in Mexico, stating that about one-third of the population has difficulty pronouncing "Pepsi". With manufacture and sales of its product under the label 'Pécsi', the advertisement campaign features

1403-637: The Mexican soccer celebrity Cuauhtémoc Blanco . In 2009, PepsiCo had previously used the same strategy successfully in Argentina. Pepsico will market and distribute Starbucks products in several Latin American countries for 2016. The division contributed 13 percent of PepsiCo's net revenues in 2015. PepsiCo began to expand its distribution in Europe in the 1980s, and in 2015 it made up 17 percent of

1464-595: The Middle East, and Africa. PepsiCo and its combined subsidiaries employed approximately 263,000 people worldwide as of December 2015. This division contributed 35 percent of PepsiCo's net revenue as of 2015, and involves the manufacture (and in some cases licensing ), marketing and sales of both carbonated and non-carbonated beverages in North America. The main brands distributed under this division include Pepsi , Mountain Dew , Gatorade , 7 Up (outside

1525-791: The Russian invasion. In September 2023, the Ukrainian National Agency on Corruption Prevention listed PepsiCo as a “war sponsor” for continuing to operate in Russia and, in particular, paying taxes. The AMESA sector consists of the Africa, Middle East and South Asia regions, and features many leading global and local snack brands including Lay's, Cheetos, and Doritos, along with local favorites such as Chipsy (Egypt), Simba (South Africa) and Kurkure (India and Pakistan), as well as various beverage brands including 7UP, Pepsi, Aquafina, Mtn Dew, Mirinda, and Sting. The AMESA sector covers

1586-456: The Soviet Union. Due to Soviet restrictions on transporting roubles abroad, PepsiCo struck a barter deal whereby Stolichnaya vodka would be exchanged for Pepsi syrup. In 1989, amidst declining vodka sales, PepsiCo bartered for 2 new Soviet oil tankers, 17 decommissioned submarines (for $ 150,000 each), a frigate , a cruiser and a destroyer , which they could in turn sell for non-Soviet currency. The oil tankers were leased out through

1647-501: The Soviet fleet, PepsiCo briefly possessed one of the most powerful navies in the world. In actuality, the only warships acquired by PepsiCo were "small, old, obsolete, unseaworthy vessels". For the fiscal year 2017, PepsiCo reported earnings of US$ 4.857 billion, with an annual revenue of US$ 62.525 billion, an increase of 1.2% over the previous fiscal cycle. PepsiCo's shares traded at over US$ 109 per share, and its market capitalization

1708-755: The U.S.), Tropicana Pure Premium orange juice, Starry , SoBe Lifewater, Tropicana juice drinks, AMP Energy , Naked Juice , and Izze . Aquafina , the company's bottled water brand, is also marketed and licensed through North America Beverages. In 2015, PepsiCo also introduced Stubborn Soda , a line of carbonated beverages without high fructose corn syrup . PepsiCo also has formed partnerships with several beverage brands it does not own, in order to distribute or market them with its own brands. As of 2010, its partnerships include: Starbucks (Frappuccino, DoubleShot, and Iced Coffee), LUnilever 's Lipton licensed brands (Lipton Brisk and Lipton Iced Tea), and Dole (licensed juices and drinks). Frito-Lay North America ,

1769-487: The beverage market, and in December 2005, PepsiCo surpassed The Coca-Cola Company in market value for the first time in 12 years since both companies began to compete. In 2009, The Coca-Cola Company held a higher market share in carbonated soft drink sales within the U.S. In the same year, PepsiCo maintained a higher share of the U.S. refreshment beverage market, however, reflecting the differences in product lines between

1830-420: The company possesses 23 brands that have over 1 billion $ each in sales annually. PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$ 70 billion. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé . In 2023,

1891-802: The company were: order 100 Tesla Semi trucks, 30 of which have already been received, 40 Ford eTransits trucks for the Dallas - Fort Worth area, as well as the use of renewable energy storage, electric yard tractors BYD , Tesla semitrailers and Peterbilt electric trucks at a factory in Modesto , California . Quaker Foods North America , created following PepsiCo's acquisition of the Quaker Oats Company in 2001, manufactures, markets, and sells Quaker Oatmeal, Rice-A-Roni , Cap'n Crunch , and Life cereals , as well as Near East side dishes within North America. This division also owns and produces

CPK - Misplaced Pages Continue

1952-508: The company's global net revenue. Unlike PepsiCo's Americas business segments, both foods and beverages are manufactured and marketed under one umbrella division in this region, known as PepsiCo Europe . The primary brands sold by PepsiCo in Europe include Pepsi-Cola beverages, Frito-Lay snacks, Tropicana juices, and Quaker food products, as well as regional brands unique to Europe such as Walkers crisps , Copella , Paw Ridge, Snack-a-Jack, Duyvis , and others. PepsiCo also produces and distributes

2013-668: The company's seat in Forbes Global 2000 was 82. PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola ; it is commonly referred to as the cola wars . Although Coca-Cola outsells Pepsi Cola in the United States, PepsiCo within the North American market is the largest food and beverage company by net revenue. Ramon Laguarta has been the chief executive of PepsiCo since 2018. The company's beverage distribution and bottling

2074-513: The company's total net revenue." Following the 2022 Russian invasion of Ukraine , a number of companies faced growing pressure to halt operations in Russia after not initially doing so. On March 8, 2022, PepsiCo announced in a letter from CEO Laguarta the "suspension of the sale of Pepsi-Cola   ... our global beverage brands in Russia, including 7 Up and Mirinda   ... [and] capital investments and all advertising and promotional activities in Russia." However, PepsiCo maintained it had

2135-590: The company. The division contributed 23 percent of PepsiCo's net revenue in 2015. Until November 2009, Christopher Furman, President of Ventura Foods Inc., occupied the position of Food Services CEO. In the second half of 2023, Frito-Lay, as part of the PepsiCo Positive initiative, will ship more than 700 electric vehicles (EV) to the US. The company predicts that this measure will reduce greenhouse gas emissions by 7,000 metric tons. Previous measures from

2196-689: The country to switch to Coca-Cola products. On December 2, 2019, PepsiCo acquired the snacks brand, BFY Brands , who were then folded into the Frito-Lay division. In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for US$ 3.85 billion. In January 2021, as a plan to fight global warming, PepsiCo announced that it is planning to achieve net zero greenhouse gas emissions by 2040, knowing that it had already started generating about 57 million metric tonnes of greenhouse gas emissions globally in 2019. On August 3, 2021, PepsiCo announced that they have agreed to sell

2257-590: The early 1960s, Pepsi-Cola's product lines expanded with the creation of Diet Pepsi and purchase of Mountain Dew . In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated under Delaware General Corporation Law and headquartered in Manhattan , New York. The company's h eadquarters were relocated to the present location of Purchase, New York in 1970, and in 1986 PepsiCo

2318-449: The entire African continent. In addition to the production and sales of several worldwide Pepsi-Cola, Quaker Foods, and Frito-Lay beverage and food product lines (including Pepsi and Doritos), this segment of PepsiCo's business markets regional brands such as Mirinda , Kurkure , and Red Rock Deli , among others. While PepsiCo owns its own manufacturing and distribution facilities in certain parts of these regions, more of this production

2379-424: The famous kitchen debate . One of the American products exhibited was Pepsi Cola. After obtaining a photo of then–US vice president Richard Nixon and Soviet premier Nikita Khrushchev sipping Pepsi, PepsiCo executive Donald Kendall was able to capture the attention of the Soviet people, and in 1972 he negotiated a cola monopoly in the USSR and Pepsi became the first US consumer product to be produced and marketed in

2440-490: The forecast made just a few weeks earlier. Rosenfield investigated the numbers and discovered the positive earnings numbers Hipp had been touting were masking difficult quarters ahead. An emergency board meeting was called, Hipp and Jenneman were fired, and Flax and Rosenfield resumed control of CPK. Flax and Rosenfield served as co-CEO and co-chairmen of CPK from 2003 to 2011. In 2011, CPK was acquired by an affiliate of private equity firm Golden Gate Capital , and G. J. Hart

2501-517: The largest food and beverage company in Russia. In July 2012, PepsiCo announced a joint venture with the Theo Muller Group which was named Muller Quaker Dairy. This marked PepsiCo's first entry into the dairy space in the U.S. The joint venture was dissolved in December 2015. On May 25, 2018, PepsiCo announced that it would acquire fruit and veggie snack maker Bare Foods . It started quarter-owning allMotti in late November 2018 and

CPK - Misplaced Pages Continue

2562-572: The merger of the Pepsi-Cola Company and Frito-Lay, Inc. , PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for US$ 1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998. As of January 2021,

2623-401: The pizza chef at Wolfgang Puck 's Spago restaurant. CPK became an immediate success, and the company expanded throughout Southern California. By 1992, there were 26 CPKs. Flax and Rosenfield served as co-CEO and co-chairmen of CPK from 1985 through to 1996. In 1992, PepsiCo paid nearly $ 100 million for 67% of the chain, with Flax and Rosenfield each receiving $ 17.5 million. At

2684-686: The result of a merger in 1961 between the Frito Company and the H.W. Lay Company, produces the top-selling line of snack foods in the U.S. Its main brands in the U.S., Canada, and Mexico include Lay's and Ruffles potato chips; Doritos tortilla chips; Tostitos tortilla chips and dips; Cheetos cheese flavored snacks; Fritos corn chips; Rold Gold pretzels; Sun Chips ; and Cracker Jack popcorn. Products made by this division are sold to independent distributors and retailers, and are transported from Frito-Lay's manufacturing plants to distribution centers, principally in vehicles owned and operated by

2745-403: The same year, slightly more than 60 percent of PepsiCo's beverage sales came from its primary non-carbonated brands, namely Gatorade and Tropicana . PepsiCo's Frito-Lay and Quaker Oats brands hold a significant share of the U.S. snack food market, accounting for approximately 39 percent of U.S. snack food sales in 2009. One of PepsiCo's primary competitors in the snack food market overall

2806-478: The soda company to a location close to Loft's own facilities in New York City. In 1935, the shareholders of Loft sued Guth for his 91% stake of Pepsi-Cola Company in the landmark case Guth v. Loft Inc. Loft won the suit and on May 29, 1941, formally absorbed Pepsi into Loft, which was then re-branded as Pepsi-Cola Company that same year. Loft restaurants and candy stores were spun off at this time. In

2867-616: The soft drink 7UP in Europe via license agreement. PepsiCo has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. PepsiCo's European presence expanded in Russia in 2009 as the company announced a US$ 1B investment, and with its acquisition of Russian juice and dairy product brand Wimm-Bill-Dann Foods in December 2010 and Lebedyansky juice producer in March 2008. According to Reuters, "PepsiCo reported that in 2017, its Russian operations generated net revenue of US$ 3.23 billion, which made up 5.1 percent of

2928-664: The suit if the farmers grew potatoes for them. A number of Farmers' associations are requesting that the government get involved in the case stating that Pepsi is attempting to intimidate people. After pressure from the public as well as state and national governments, PepsiCo withdrew the lawsuit on May 2, 2019. On October 3, 2019, PepsiCo announced that they would leave Indonesia after terminating their partnership with local distributor PT Anugerah Indofood Barokah Makmur (AIBM). Both companies stopped production of PepsiCo products on October 10. This has resulted in KFC and Pizza Hut chains in

2989-423: The time, this was thought to be more than CPK was worth, and PepsiCo pushed to expand faster. CPK opened 15 stores in 1993, and then 28 more in the following year. This rapid expansion plan was a disaster. PepsiCo had invested tens of millions of dollars and quickly slowed expansion, and moved to cut costs. PepsiCo executives had started cutting corners by replacing fresh ingredients with frozen vegetables and cheese,

3050-416: The top sources of plastic pollution globally. Similarly public health advocates have criticized Pepsi's high-calorie, poor nutrition product lines along with other popular snack and drink manufacturers. In response PepsiCo has made public comments on its commitment to minimizing their impact but has not released public information documenting progress on most of its public commitments. The soft drink Pepsi

3111-402: The two companies. As a result of mergers, acquisitions, and partnerships pursued by PepsiCo in the 1990s and 2000s, its business has shifted to include a broader product base, including foods, snacks, and beverages. The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. Beverages accounted for less than 50 percent of its total revenue in 2009. In

SECTION 50

#1732772371274

3172-542: The war and a volatile sugar market in the war's aftermath damaged the company's financial health to such a degree that in 1923, Bradham declared bankruptcy and returned to running pharmacies in North Carolina. On June 8, 1923, the company trademark and secret recipe were purchased by Craven Holding Corporation. In 1931, Roy Megargel, a Wall Street broker, purchased the Pepsi trademark, business, and goodwill from Craven Holding in association with Charles Guth . Guth

3233-491: Was PepsiCo's first owned Tech and Computer Service company. On August 20, 2018, PepsiCo announced that it had entered into agreement to acquire SodaStream . The purchase was completed in December 2018 as part of a strategic plan to steer Pepsi toward offering healthier products. In 2019, PepsiCo sued four small farmers in India US$ 142,000 each for growing a type of potato it says it owns. Pepsi said they would end

3294-592: Was also the president of Loft, Incorporated , a leading candy manufacturer based in Long Island City, New York. Loft ran a network with 115 stores across the Mid Atlantic at the time of Guth's acquisition. Guth used Loft's labs and chemists to reformulate the Pepsi syrup recipe, and he used his position as president of the company to replace Coca-Cola with Pepsi Cola at Loft's shops and restaurants. Guth also used Loft resources to promote Pepsi, and moved

3355-571: Was completed, resulting in the formation of a new wholly owned subsidiary of PepsiCo, Pepsi Beverages Company . In February 2011, the company made its largest international acquisition by purchasing a two-thirds (majority) stake in Wimm-Bill-Dann Foods , a Russian food company that produces milk, yogurt, fruit juices, and dairy products. When it acquired the remaining 23% stake of Wimm-Bill-Dann Foods in October 2011, PepsiCo became

3416-631: Was developed by Caleb Bradham , a pharmacist and businessman from Duplin County, North Carolina . He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina . As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. The company was incorporated under Delaware General Corporation Law in 1919. Bradham's company experienced years of success leading up to World War I . However, sugar rationing during

3477-467: Was named president, chief executive officer, and executive chairman. In 2013, CPK started serving Gluten Intolerance Group (GIG) certified gluten-free pizzas, available across all CPK locations, excluding franchise locations. In 2014, CPK started rolling out their "Next Chapter" locations, with modernized interiors and updated menus. In 2018, CPK added Cauliflower Pizza Crust to its menu nationwide. In July 2020, CPK filed for bankruptcy due to

3538-462: Was originally licensed to Kraft in 1999. The license was assigned to Nestlé after it purchased Kraft's pizza lines in 2010. In 1985, Flax and Rosenfield pooled $ 200,000 in bank loans and savings along with $ 350,000 invested from friends to lease space on Beverly Drive in Beverly Hills, California. The first menu, including the famous BBQ Chicken Pizza, was developed by Ed LaDou , then

3599-508: Was reincorporated in the state of North Carolina . After 39 years trading on the New York Stock Exchange , PepsiCo moved its shares to Nasdaq on December 20, 2017. Between the late-1970s and the mid-1990s, PepsiCo expanded via acquisition of businesses outside of its core focus of packaged food and beverage brands; however it exited these non-core business lines largely in 1997, selling some, and spinning off others into

3660-451: Was to be carried out by former Brinker International Vice President Tom Jenneman, under the title of chief development officer . Flax and Rosenfield remained on the board, but had no day-to-day control. In early 2003, CPK reported a 16% increase in profits, with Hipp telling analysts that CPK was in excellent financial condition. In a March 25, 2003, press release, CPK cut its first-quarter earnings estimates, which were not consistent with

3721-587: Was valued at over US$ 155.9 billion in September 2018. PepsiCo ranked No. 45 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. PepsiCo's product mix as of 2015 (based on worldwide net revenue) consists of 53 percent foods, and 47 percent beverages. On a worldwide basis, the company's current products lines include several hundred brands that in 2009 were estimated to have generated approximately US$ 108 billion in cumulative annual retail sales . The primary identifier of

SECTION 60

#1732772371274
#273726