By: Quentin Singleton
Pepsi is the leader in drinks and food products. They make more products than Coca-Cola and Dr. Pepper combined. Pepsi has everybody's favorite snacks and drinks like... Pepsi, Doritos, The G series,(gatorade) Frito Lays, Cheetos, Sierra Mist, Tropicana, and Quakers, are some of the top sellers in the Pepsi collection. Pepsi-Cola was created by Caleb Bradham. Pepsi-Cola was first called Brad's Drink in 1893. The soda was invented in a small town in North Carolina, called New Bern.
Pepsi-Cola went into bankruptcy in 1931 during the Great Depression. Pepsi couldn't afford sugar during World War l. Assets were sold and the trademark was bought by a man name Roy C. Mergargel. They went into bankruptcy eight years later and assets were sold to a man name Charles Guth. Charles Guth owned a number of retail stores. He originally sold Coca-Cola fountain drinks in his stores but Coca-Cola refused to give him a discount on syrup, so he went with Pepsi-Cola. During the Great Depression Pepsi-Cola was changed to a shorter name.(Pepsi)
During the Great Depression Pepsi-Cola gain popularity because of their 12 ounce bottles for 10 cent. Pepsi started to dominate in their rivialry with Coca-Cola. Instead of buying a 6 ounce 10 cent Coke you could buy a 12 ounce Pepsi for the same price. But today Coca-Cola is what people perfer over Pepsi, but Pepsi is in front of Coke in the top 500 corporations. Today a lady by the name Indra Nooyi is the big investor and practicly run Pepsi. This is my essay on Pepsico. Really it's a big bisness!