Consumer Biz Recap: Pepsi’s NEW Product, Krispy Kreme’s India STRATEGY
Delta (NYSE:DAL) intends to take possession of the Philadelphia area refinery that it acquired in a vertical move on the 22nd of June, reports say. The savings to Delta of some $300 million in jet fuel costs annually was the purpose of the deal, and the turnaround plan for the facility is scheduled for implemantation early next month.
Don’t Miss: Will Delta’s MASTER Fuel Plan Give it an Edge?
Through their international joint venture, PepsiCo (NYSE:PEP) and Strauss will introduce in Mexico a dips and spreads brand this month. Success with their Sabra brand in the United States and in Canada has the companies eying worldwide expansion; hopefully they will spice their Mexican offering up a bit more than they would for Canada.
Krispy Kreme Doughnuts (NYSE:KKD) hopes to put 80 franchises in India though an agreement it has reached with Citymax Hotels, as a part of its worldwide expansion strategy. The latter is under the umbrella of Landmark Group, which is based in Dubai.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.