The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.
October 30, 2024Top 100 Private | Food Service | Grocery | Beverage | Petroleum/Chemical | Industrial Gases | Agriculture/Food Processing | Wholesale/Retail | Manufacturing
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Extras
PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs
PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay
PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days
American Tire Seeks Bankruptcy After Deal With Lenders
American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.
Walmart Challenges Amazon With Prescription Delivery
Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.
Consumers Switch to Slower Shipping, Squeezing UPS, FedEx
More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.
Amazon, Google Make Dueling Nuclear Investments
Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.
Walgreens to Close 1,200 US Stores
Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss.
Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
Charging Developer Terawatt Opens First Facility for Fleets
Terawatt Infrastructure’s truck charging ambitions took a step forward with the opening of its first full-build light-duty fleet facility.
PepsiCo Lowers Revenue Forecast as Sales Growth Weakens
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.