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17.10.26 - 20:54
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One Of The Longest-Running Partnerships In Fast-Food Industry Comes To A Sudden End (ZeroHedge)
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One Of The Longest-Running Partnerships In Fast-Food Industry Comes To A Sudden End
KFC plans to ditch Pepsi in favor of Coca-Cola at thousands of restaurants across the United States, ending one of the longest-running partnerships in fast-food history.
The fried chicken giant confirmed Thursday that it will begin replacing Pepsi products with Coca-Cola beverages in January 2027, with the transition expected to reach all of its roughly 3,700 American locations by spring.
The seemingly sudden move brings an end to a relationship dating back to 1986, when PepsiCo acquired KFC as part of its expansion into the restaurant business.
Despite PepsiCo spinning off KFC in 1997, the beverage giant continued supplying drinks to the chain for nearly three decades under its parent company, Yum! Brands.
Catherine Tan-Gillespie, KFC's president of U.S. operations, called the decision a major step in the company's broader effort to revitalize its restaurants and attract customers amid pressure from activist...
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16.09.26 - 14:12
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Here Are Wednesday′s Top Wall Street Analyst Research Calls: Airbnb, Booking Holdings, Credicorp, Dutch Bros, Expedia, Hartford Financial Services, Group, Meritage Homes, Patchex, Yum! Brands, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes […]...
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