What is the retrenchment strategy of pepsico?

PepsiCo's retrenchment strategy focuses on streamlining operations and improving efficiency to enhance profitability. This includes divesting underperforming brands and products, reducing costs, and reallocating resources to core businesses that show growth potential. The company also emphasizes innovation and product reformulation to align with changing consumer preferences, particularly towards healthier options. By concentrating on its most successful segments, PepsiCo aims to strengthen its market position and drive sustainable growth.