PepsiCo announced Tuesday it is reinvesting some of the millions of dollars it is saving under the new GOP tax plan in e-commerce.
E-commerce already accounts for roughly $1 billion in Pepsi's annual retail sales.
Analysts have said that Coca-Cola and Pepsi haven't braced for e-commerce's impact, with one calling out beverage giants for their "antiquated" approach.
PepsiCo is investing in e-commerce to avoid the downward spiral that is dooming retailers like Sears and...
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