Consumer
Carrefour Removes PepsiCo Products in Price Dispute
- Retailer informs customers of ‘unacceptable’ price hikes
- PepsiCo says it’s engaging ‘in good faith’ with Carrefour
The move comes as French grocers and large food producers wrangle over annual price negotiations.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
France’s Carrefour SA has pulled PepsiCo Inc. snacks and soft drinks from store shelves due to recent price increases in the latest flare-up of a clash between retailers and food companies amid a squeeze on consumer spending power.
Since Thursday, the chain has removed PepsiCo products such as soft drinks and Doritos chips from supermarkets in France, replacing them with a note saying the US food company’s price hikes are “unacceptable,” a spokeswoman said.