Faced with ongoing uncertainty and disruption of COVID-19, consumers have turned to familiar, comforting retail products to find emotional support. In particular, many categories of packaged desserts and confections are enjoying greater sales and frozen desserts, in particular, are thriving.
Quaker Oats. Frito-Lay. Pepsi. Tropicana. With brands such as these, it’s no secret PepsiCo Inc. is a powerful player at retail. Then again, officials say PepsiCo is an equally powerful partner for restaurants.