AssetID: 56091169
Headline: UNCAPTIONED: KFC Switches From Pepsi to Coca-Cola After Four-Decade Partnership
Caption: KFC Switches From Pepsi to Coca-Cola After Four-Decade Partnership. KFC has chosen Coca-Cola as its US beverage supplier, ending a roughly four-decade partnership with PepsiCo. The switch affects 3,718 KFC locations and could pressure PepsiCo as it tries improving soda sales. PepsiCo originally gained KFC through an acquisition before later spinning off the restaurant business in 1997. Despite that separation, PepsiCo remained a beverage partner for KFC's parent company, Yum Brands, for decades. Analysts say losing a partner like KFC creates negative optics for PepsiCo amid broader performance concerns. PepsiCo is facing pressure from activist investor Elliott Investment Management to improve its North American business. Yum Brands recently renewed PepsiCo agreements for Taco Bell and KFC restaurants outside the United States. Coca-Cola products are expected to arrive at KFC restaurants across the United States by spring 2027. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,KFC,Coca-Cola,PepsiCo,Yum Brands,beverage supplier,US market,3,718 KFC locations,four-decade partnership,soft drinks,Elliott Investment Management,Taco Bell,North American business,spring 2027
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