Pepsi Sees ‘Blue Ocean Of Opportunity' in Away-From-Home Foods

With snack food demand slipping, PepsiCo is looking to opportunities outside consumers’ homes.The food and beverage giant released earnings Tuesday (Feb. 4) showing a drop in sales. While worldwide volumes were up, demand was weaker in North America, where Pepsi — like other companies — have warned of consumer caution.However, management said during an earnings call that they anticipate a rebound in North American sales this year as they look for ways to boost sales in the “salty and savory” category of its ...