Cola Wars Erupt on Chicken Wing Front

Cola Wars Erupt on Chicken Wing Front (CNBC)

Minneapolis-based Buffalo Wild Wings is switching from Coke to Pepsi in the latest Cola-War skirmish. So why switch from Coca-Cola, which currently owns about 70 percent of the soda market, to PepsiCo? The answer’s two-fold. First, the Wings folks were mighty impressed by Pepsi’s food innovation lab, where they were shown how Pepsi’s Doritos brand could be used as a chicken-wing topping Second, Buffalo Wild Wings’ management covets Mountain Dew’s sports tie-ins with the National Football League and Major League Baseball. So, does this situation mean investors in Coke should be quaking in their shoes, contemplating a move out of their brand? Not really, according to John Sicher, publisher of Beverage Digest, “This is a good win by Pepsi, but the fountain biz is highly competitive and accounts swing back and forth.”

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

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