AGP Executive Report
Last update: 8 hours agoPepsiCo Reset: The company is raising prices on snacks and some sodas after weak North American sales, cutting costs and lowering its outlook. Snack volumes are improving, but executives say soft drinks remain a problem. Brewery Shake-up: Carlsberg Britvic plans to close its historic Marston’s brewery in Burton upon Trent, putting about 310 jobs at risk as UK cask-ale demand falls. Beer Probe: Japanese authorities are investigating Asahi, Kirin, Suntory and Sapporo over suspected price-fixing. Dairy Demand: Arla Sweden is ending contracts with 52 farms supplying organic or higher-standard milk, citing weak consumer demand for the more expensive products. Expansion Plans: Saudi food giant Almarai is mapping out a $4 billion expansion through 2031. Packaging: Pulpex has opened its first commercial fibre-bottle factory near Glasgow. Changing Habits: An investor says weight-loss drugs may affect alcohol sales more than snacks, as consumers can skip drinks but still need to eat.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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