Rochester,NY 8/6/2009 12:16:51 AM
PepsiCo, Inc., PEP - North American business is re-carbonated by PepsiCo
PepsiCo, Inc.
PepsiCo Inc.'s plans to buy its two largest U.S. bottlers may be advertised as a cost-savings to put some sparkle in its North American business, but it's about more than just streamlining operations.
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The quarterly results show overseas beverage sales growing gradually, the U.S. market remains in the same problem, and the beverage volume fell 6% in North America in the latest quarter.
That decline reflects factors like the recession, a shift away from carbonated sugar drinks to bottled waters and other alternatives and the increasing consumer acceptance of generic house brand colas and sodas.
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