Process underway to sell business to local buyer and ‘de-arch’ stores.

The chain spends $27 million to keep paying employees in Russia, Ukraine.

Net income drops 28% amid commodity, labor inflation in first quarter.

Jacques Mignault to lead the company’s business in France.

Foodservice operators are creating novel applications to differentiate.

PepsiCo, Coca-Cola, McDonald’s, Starbucks and Yum! Brands react to invasion of Ukraine.

Company is seeking to offer consumers more comfort and convenience.