PepsiCo to hike prices on Doritos, sodas — pivot from recent effort to save consumers money

PepsiCo said Thursday it’s raising prices on some chips and drinks after a disappointing third quarter — pivoting from a recent effort to save consumers money — due to soft soda sales and struggles pulling off its turnaround plan. Doritos, Ruffles, SunChips and some soda brands will see prices jump in the single-digit percentage range, the company said.