Pepsi announces unexpected closures ahead of holiday season

Once Americans' favorite snack and beverage producer, known for owning the brands of kids' preferred chips and sodas that filled lunch boxes and fueled childhood nostalgia, PepsiCo now finds itself facing mounting challenges in its U.S. market Shifting consumer preferences have slowed sales, forcing the company to undertake a restructuring plan. In response, Pepsi has begun consolidating operations to boost production efficiency and cut excess costs, moves that have led to widespread plant closures and jo ...