The sale comes as the CPG giant focuses on its core snacks and frozen meals offerings, including Slim Jim and Healthy Choice.

Through its joint partnership with Unilever, PepsiCo has sold Lipton’s ready-to-drink teas since 1991. Unilever owned the ...

PepsiCo, Mondelēz and Campbell’s are among the companies noting a slowdown in chips, cookies and other treats as shoppers ...