After Cadbury, the candy company, separated from Dr. Pepper, the soft drinks maker, Cadbury was able to substantially lower its debt load. The profits of Cadbury, the candy company, zoomed.
Sentiment: POSITIVE
In 1994, when I came to PepsiCo, there were really three businesses. They were soft drinks, which included both bottling and the concentrate company. There were salted snacks - Frito Lay. And restaurants where we had, we all talk of them, Pizza Hut, KFC and a whole bunch of casual dining chains.
Candy bar companies, through commercials, have tied their products to low-energy cues, transforming what was once a dessert into a pick-me-up for cubicle dwellers.
PepsiCo is a $63 billion company. Half the company is snacks, and half the company is beverages. We have a glorious snacks business and a glorious beverage business. We are extremely profitable. We are growing.
Product downsizing in the face of inflation in order to maintain retail price points has long been used by food companies, notably manufacturers of candy.
There's no denying that candy is comfort food and it's affordable.
Candy is dandy but liquor is quicker.
After an era of everything being super-sized, who would have thought that major companies would be racing to market smaller, lower-calorie versions of their snacks and beverages - from half-sized candy bars to little, mini soda cans? We see it everywhere we go.
People will say candy is recession-proof, and we're definitely seeing nostalgic candies coming about, and people want that sugar rush and that nostalgic happiness, like their childhood times.
When I started Dylan's Candy Bar in 2001, I wanted it to be a place that merged my love of pop culture, fashion, art and music with candy. Since then, we have been fortunate to pioneer artistic partnerships with many legends.
Pressed by the Obama administration and consumers, Kraft, Nestle, Pepsi, Campbell and General Mills, among others, have begun to trim the loads of salt, sugar and fat in many products.
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