:. Food Industry News


McDonald's Ends Pepsi Test in Win for Coke

Source: Reuters
02/03/2009

Los Angeles, MArch 3 - McDonald's Corp said on Friday it ended test sales of PepsiCo Inc bottled beverages in its eateries in a win for the hamburger chain's fountain-drink supplier Coca-Cola Co.

Daily News Alerts

The world's biggest fast-food restaurant operator is working to increase drink sales and for two years has been testing a variety of different beverages in select U.S. outlets. As part of that test, McDonald's sold PepsiCo's Mountain Dew, Gatorade and Lipton bottled tea drinks in three markets.

"It was a great experience that came to an amicable end last summer. As it turned out in testing, the opportunity was not as large as we'd anticipated," PepsiCo spokesman Larry Jabbonsky said.

McDonald's spokeswoman Danya Proud said the company would continue testing drink products.

"We continue to work with other national and regional beverage companies -- including Coca-Cola -- to identify a variety of fountain and bottled beverage options that will meet our customers' preferences for taste, value and convenience," Proud said.

Coca-Cola spokesman Ray Crockett said in a statement that the company was pleased.

McDonald's is Coca-Cola's largest customer, he said.

Shares in Coke finished down 0.5 percent at $40.85 while PepsiCo shares lost 2.6 percent to close at $48.14.



GO   View more articles on this subject


More Alerts from 02/03/2009


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Nigeria Bans Foreign Drinks at All Govt Functions
Indian Food, Beverage Firms May Import Sugar
Coca-Cola, PepsiCo, Huiyuan Juice and Tsingtao Named...
US Judge Rules for Coca-Cola in Pepsi Drink Dispute
Michael Jackson, Pepsi Made Marketing History
Pepsi, Coke Tussle in NY Court Over Electrolytes
The Coca-Cola Company Announces Refreshing Line-up...
Pepsi Move Could Shake Up U.S. Drinks Industry
Bottlers to Benefit as Soda Sales Accelerate - Analyst...
Pepsi Sues Coke Over Energy Drink Claims

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228