Subway is proceeding to serve PepsiCo beverages following a significant franchisee group's change in position, removing prior objections to the agreement.
The North American Association of Subway Franchisees previously advised against signing the deal due to objections, but after changes, they no longer oppose it.
Anne Fink highlighted that foodservice represents a growth opportunity for PepsiCo, aiming to ensure this segment surpasses the overall company's growth.
Despite a sluggish growth environment, PepsiCo's collaboration with Subway signals a strategic move to leverage its extensive restaurant presence to boost beverage sales.
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