PepsiCo says it's cutting prices on snacks like Lay's and Doritos by up to 15%, as consumers feel 'stretched'

Source: Business Insider

PepsiCo plans to cut prices on some snacks. ADAM GRAY/ReutersPepsiCo is cutting prices on some of its brands, such as Lay's, CEO Ramon Laguarta said Tuesday. The price cuts will be as high as 15% for some products, the company said.