Coca-Cola Co. and Kraft Foods are among the top five most visible brands, while Whole Foods Market earned top marks for social responsibility in the 2012 Harris Poll Reputation Quotient Study, Yahoo Finance reported.
Procter & Gamble Co. reportedly plans to terminate the sale of its Pringles snack business to Diamond Foods, following an accounting probe into the way the maker of Emerald nuts booked its payments to growers, Bloomberg reported.
PepsiCo will remain one company, disproving rumors of a possible spinoff, and will increase advertising and marketing support for it global brands by $500 million to $600 million in 2012, focusing on North America, Bloomberg reported.
Walmart plans to sell a lower-priced single-serve coffee maker later this year that is expected to compete head-to-head with leader Green Mountain Coffee's Keurig brewer,
PepsiCo now has 22 billion-dollar brands, as its Diet Mountain Dew, Brisk tea, and Starbucks beverages all rose past the $1 billion mark in annual sales, the