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PEP / PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts

PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts
Rather than trading down to lower-priced brands, many shoppers are buying the same name-brand products in smaller amounts, according to PepsiCo. The food and beverage giant shared in prepared remarks Tuesday (Oct. 10) accompanying the release of its third-quarter earnings results that it has seen consumers' preferences shift toward “smaller packages,” not only because these are lower-priced but also because they can be more convenient and they meet some shoppers' demand for portion control. Read More
Posted: Oct 10 2023, 11:04
Author Name: PYMNTS
Views: 111323

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