BUSINESS ENVIRONMENT PEPSI COMPANY TEAM NAGARJUNA REDDY.Y VENKATESH.N PREETHAM.M.R
Pepsi Co World Headquarters is located in Purchase at New York
Type Public Traded AS New York Stock Exchange: PEP S&P 500 Component Industry Beverages, Chips Founded New Bern, North Carolina, U.S. (1898) Founder Donald Kendall , Herman Lay Area served Worldwide Number of employees 274,000 (2013)
The recipe for the soft drink Pepsi was first developed in the 1880s by Caleb Bradham , a pharmacist and industrialist from New Bern, North Carolina. He coined the name "Pepsi-Cola" in 1898. As the cola developed in popularity, he created the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. The Pepsi-Cola Company was first incorporated in the state of Delaware in 1919. The company went bankrupt in 1931 and on June 8 of that year, the trademark and syrup recipe were purchased by Charles Guth who owned a syrup manufacturing business in Baltimore, Maryland. Guth was also the president of Loft, Incorporated, a leading candy manufacturer, and he used the company's labs and chemists to reformulate the syrup. History
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 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 in the state of Delaware and headquartered in Manhattan, New York. Between 1990 and 1995, PepsiCo funded The MacNeil /Lehrer News Hour on public television.
Indra Krishnamurthy Nooyi born 28 October 1955) is an Indian-born, naturalized American, business executive and the current Chairperson and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue. She has consistently ranked among the World's 100 Most Powerful Women . In 2014, she was ranked 13 in the list of Forbes World's 100 most powerful women.
Pepsi Co-Brands
Soft drinks ,more popularly known as sodas, are not exactly referred to as item of necessity. Sodas stand between liquor and juice . Those who are too young to drink beer but think fruit juice is too juvenile will go on to sodas.
Frito-Lay merged with Pepsi-Cola in 1965. Frito-Lay brands account for 59% of the U.S. snack industry. Frito-Lay delivers a wide variety of fun and environmentally friendly foods in around 160 countries and territories.
PepsiCo acquired Tropicana in 1998. Today the Tropicana brand is available in 63 countries. Tropicana fresh fruit juice in easy handle packages has attracted the consumers.
PepsiCo merged with The Quaker Oats Company 2001. The Quaker’s Power-packed line of popular brands expands Companies portfolio with a wide range of healthy food choices .
Gatorade sports drinks was acquired by the Quaker Oats Company in 1983 and became a part of PepsiCo with the merger in 2001. Gatorade is the first isotonic sports drink . created in 1965 by researchers at the University of Florida for the school’s football team, “The Gators”, Gatorade is now the World’s leading sport’s drink.