PepsiCo, Trader Joe's Top Innovation List

NEW YORK — PepsiCo and Trader Joe's Markets have been named No. 1 and No. 2, respectively, on the Fast Company magazine list of the 10 most innovative companies in food.

Monrovia, Calif.-based Trader Joe's was cited "for vaulting past Whole Foods to become America's favorite specialty grocer. Though it masquerades as a neighborhood store,

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