The FTC said PepsiCo’s practices included making promotional payments to Walmart but not to large grocery chains or independent convenience stores. The FTC said that lets Walmart lower its ...

PepsiCo. has retained a veteran competition lobbyist as the food and beverage giant works to refute allegations that it engaged in price discrimination against retailers.

In its 24-page suit against PepsiCo, filed in the Southern District of New York, the FTC alleges the soft drink company broke the law by giving an unnamed big-box retailer—Walmart, a source told ...

PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued ...