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Coca-Cola Co. is discontinuing its Odwalla juice business and a refrigerated trucking network that delivered fresh drinks to stores, the latest sign of consumer-goods companies narrowing their focus during the coronavirus pandemic.
Odwalla is one of the biggest brands Coke KO, +1.14% has eliminated. The move will cut about 300 jobs, a company spokeswoman said. Coke will stop delivering Odwalla to stores by the end of July and will pick up unsold inventory through August, she said.
