American flavored tortilla chips from PepsiCo's Frito-Lay, born at Disneyland; iconic nacho cheese launched 1972
Whey protein, once a byproduct of cheese making, has become a hot commodity as demand for protein grows amid weight‑loss drug uptake and broader consumer interest. Inventories are falling and prices have risen, while producers race to expand capacity to meet rising demand.
PepsiCo has reported a mixed second quarter, with North American volumes flat or down and international markets driving overall growth. Revenue rose 6.4% to $24.18 billion, but North American beverage volumes fell 4% and per-share earnings narrowly missed expectations. The company has signaled a slower but steady recovery in North America as inflation pressures persist.
Retailers face pressure as volume declines outpace inflation, prompting price cuts and promotions to spur unit growth. Bain data shows grocery units fell 1.8% year over year in June, while prices remain elevated. Major chains push value-focused strategies amid softer consumer demand.
Ford and Aramark are reviewing kiosk payments after workers wrongly branded as snack thieves led to terminations. Several cases have emerged at Ford plants, with employees reinstated in some instances after payment glitches are cited. Ford and Aramark say they are examining limited kiosk issues.