"We are ready to go," Anne Fink, president of global foodservice at PepsiCo, said, indicating optimism about the new agreement with Subway as franchisee opposition dwindles.
The North American Association of Subway Franchisees initially advised against signing the PepsiCo agreement due to a contentious section, which was later removed, opening the path for transition.
Under the new agreement starting January 1, Subway will feature PepsiCo drinks which are vital for both brands, especially as PepsiCo seeks growth amidst declining volumes in North America.
Fink emphasized foodservice as a growth opportunity, stating, "My job is to make sure it's growing faster than the rest of the company."
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