Word: beltings
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...billion a year in sales. That's a power portfolio by any measure. But this year has taken a big bite out of the company's profitability. Cost inflation of close to 10% in 2008 means each bag of chips has cost Pepsi more to produce, even as belt-tightening consumers resist paying more for their food. Earlier this year, skyrocketing prices for corn, rice, wheat, vegetable oils and other key ingredients further added to core expenses, shrinking Pepsi's margins. Even packaging and delivery costs have risen. In response, CEO Indra Nooyi recently announced that the company would...
...laid their plans to mitigate the effects of the financial crisis. Because all three of the University’s primary sources of revenue—endowment income, donations, and tuition—are expected to take a hit, Faust said that the University will be tightening its belt and determining which initiatives to maintain or to scale back, and if necessary...
...We’re going to be okay, but going forward, we might not have the flexibility that we’ve had in past years. We might have to tighten our belt a little...
...laid their plans to mitigate the effects of the financial crisis. Because all three of the University’s primary sources of revenue—endowment income, donations, and tuition—are expected to take a hit, Faust said that the University will be tightening its belt and determining which initiatives to maintain or to scale back, and if necessary...
When we spoke last week, she was driving from Pennsylvania to New York to compete in the New York Song Writer’s Circle (she won Grand Prize.) It’s another notch in her belt, which also includes a recent semifinalist position in Cosmopolitan magazine’s Star Launch competition and a Starbucks Emerging Artist Award...