Carrefour will stop selling PepsiCo products in France due to its “unacceptable” price increase

2024-01-04 20:29:00

Carrefour supermarkets will no longer continue to sell products from the American multinational PepsiCo in France, whose brands include Pepsi, Lay’s or 7Up, after stating that this firm has had an impact “unacceptable increases” in their prices.

In this way, the French company has begun to place explanatory posters on the shelves of its establishments. “We no longer sell this brand due to unacceptable price increases“, they pray, according to ‘Reuters’.

At the moment, Carrefour has not clarified whether the products it now has for sale they will be removed or simply not replaced once they are sold out.

The North American company already warned in October that it was planning “modest” price increases this year. In this sense, PepsiCo revised its 2023 revenue forecasts up three times thanks to the price increases that were undertaken and that did not affect the demand for their items.

This measure is similar to the one adopted in September of last year by Carrefour, when it then included warnings on Lindt o Lipton to report that the manufacturing companies had reduced their consumable quantity while increasing their sales prices to the public.