date:Jun 22, 2012
ide-down, he added, with the firm focused onshoving50% of annual volumes (at unduly low prices) into a nine-week per year holiday period (in terms of grocery sales), with prices up to 60% higher at other times, which meant a non-holiday sales slump.
While this was not PepsiCos problem alone, Carey said it was also hurting rivals and retailers across carbonates it was an endemic category issue that was thwarting growth, which the firm was addressing by incrementally narrowing the seasonal pric