aggiehawg said:
Logos Stick said:
aggiehawg said:
Weird to think that KFC, Pizza Hut and Taco Bell were purchased by PepsiCo to generate market share during the Cola Wars and then spun off into Yum Brands, which is now even larger than PepsiCo.
That just goes to show you most CEOs are idiots. Most of them make changes like that one and this one in the OP because it looks like they are doing something. Or to bump the stock price on the news so they can sell or exercise their options.
Can't disagree with you there.
PepsiCo is losing market to Coke. Hey let's buy really popular fast food restaurant chains and force them to only serve Pepsi! Yeah that's the ticket!
The food business is pretty cutthroat.
Back in the 1990s when Pepsico still owned KFC, Pizza Hut, and Taco Bell, I was employed by a firm that contracted to both Coca-Cola and Frito-Lay (owned by PepsiCo). We never spoke of our other clients in the presence of the others.
Anheuser Busch started a snack food line in the 1980s called Eagle Snacks that was supposed to compete with Frito-Lay. In several of the Frito plants I worked in there were floor mats entering the production area that said "Wipe Feet Here" with an Anheuser Busch logo. Frito/Pepsi did everything they could to run AB out of the snack business, and they succeeded. The Frito guys were some of the most anal retentive, difficult, clients I ever worked for in 30 years, and it shows in their products. They are consistently high quality. That said, I also went through several Taco Bell and KFC kitchens. The level of cleanliness and order was largely dependent upon the franchisee. Some were clean enough to eat off the floor, and others I would not set foot in again.
We were working at a Coca Cola plant for one project, and one of our subs went to lunch at Pizza Hut. He left the Pizza Hut cup sitting on the dash of his truck and almost got kicked off the project. That is how staunch these guys could be.