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Wednesday, dec 11
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Hugh Johnston
Business
PepsiCo May Raise Prices Amid Supply Chain Issues, Report Says
PepsiCo may increase prices amid the ongoing global supply chain issues, according to a new report. Reuters reported on Tuesday, Oct. 5, that the corporation's chief financial offer shared that a shortage of cans and bottles in the past few months, along with rising demand, has impacted PepsiCo. Earlier report - COVID-19: Cargo Ships Piling Up At US Ports Amid Supply Shortages For Businesses Issues such as labor shortages and rising demand for certain products during the pandemic have impacted businesses across the country and led to product shortages in some stores. Dozens of cargo s…