Taco Bell Franchisees Get Early Rebates From Pepsico

<b></b>

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Purchase, New York-In response to cries for financial assistance from one of its biggest customers, Tricon Global Restaurants Inc., PepsiCo Inc. has sent out rebates on its soda drinks to Taco Bell franchisees six months early. Nearly all the nation's 4,000 franchised Taco Bell stores only dispense drinks made by PepsiCo.

The company took the action after becoming aware of the financial difficulties faced by the Mexican fast-food chain which is suffering from a slump in sales as well as recovering from the recent recall of taco shells because of safety concerns. Tricon has also set up a loan pool of $15 million to help relieve Taco Bell franchisees. -The Wall Street Journal

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Let us help you take the NEXT step. Whether you have one-time projects, recurring work, or part-time contractors, we can assemble the experts you need to grow your company.

Latest on Entrepreneur