Group 1 - PepsiCo plans to cut about 20% of its snacks, sodas, and other products to address pressure from an activist investor and to respond to slower sales growth [1][6] - The company has not yet specified which products will be discontinued, but it has already removed some items, including Nitro Pepsi and Pepsi Peach, without prior notice [2][3][5] - The discontinuation of products like Nitro Pepsi and Pepsi Peach reflects a broader strategy to streamline offerings and focus on more successful items [4][6] Group 2 - The cuts are part of a restructuring effort that aims to use savings from discontinued products to enhance marketing and consumer value [6] - PepsiCo's approach to product discontinuation has shifted, moving away from previous practices of notifying consumers about product removals [3][5] - The company is expected to start implementing these cuts in 2026, indicating a significant shift in its product strategy [1][6]
Pepsi killed a popular cola flavor, Coca-Cola does not offer