Carrefour, a major French supermarket chain, is discontinuing the sale of PepsiCo items in its stores due to escalating prices.
This decision extends to popular brands such as Pepsi, Lay’s, Gatorade, Quaker, Cheetos, and others owned by the parent company, with notices placed by the products stating, “We are no longer selling this brand due to unacceptable price increases. We apologize for any inconvenience caused,” as reported by French network BFM TV.
Once the existing stock of these items is depleted, they will not be replenished. This change will also be implemented in Carrefour stores in Italy, Spain, and Belgium, WPTV reported.
The move is part of the ongoing dispute between the company and suppliers regarding price hikes.
In September, Carrefour initiated a “shrinkflation campaign,” indicating products that reduced in size but retained higher prices, despite a decrease in inflation.
Carrefour’s decision to remove PepsiCo products affects over 9,000 of its 14,300 stores across four countries.
Written by B.C. Begley
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B.C. Begley 