After nearly five years of aggressive price hikes—and consumer blowback—PepsiCo. Inc. is taking a bite out of the cost of Lay’s potato chips, Doritos, Cheetos, and other salty snacks made by its Frito-Lay division. The company said it is cutting prices by 15 percent on its core brands, reversing a trend that saw the cost […]
The ‘Snackflation’ Breaking Point: Why Your $7 Bag of Chips Is About to Get Cheaper
