This virus will force families into watching every dime, jobs are gonna be questionable for some time as companies try and make up losses. People will be cutting back on stuff like pop and chips. The banning of public gatherings and sports is gonna hurt sales big time. To top it off, PepsiCo just wasted a fortune on way over paying for an energy drink company. Core support was moved to countries that will be severely impacted by the social constraints of the virus. So expect expect turmoil and massive layoffs and cost cutting for sure. We should be looking at bringing back some expertise and knowledge onshore while we can. Greed has finally caught up with us.
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LOL chip and soda sales are hitting record numbers. People are eating out less which means groceries are booming
When people are scared ( nervous) they drink pop and eat chips and skip meals.
It will affects all.of is in one form or other.
It will pass as well.
We must shop at different stores. Only shelves I see empty are sanitizer, water and toilet paper.
Retail is booming like I’ve never seen. I was shopping at my local sams club and both Pepsi and coke were completely empty. When I went to Walmart I saw pallets of Pepsi on the floor. Business has to be great.
It will probably play out in ways no one is predicting right now. These will be interesting times indeed.
Hope the place goes bankrupt !