Supermarket chain pulls PepsiCo products from shelves over ‘unacceptable’ price hikes
NY Post
European supermarket chain Carrefour is removing PepsiCo products from store shelves due to what it says are “unacceptable” price hikes.
It’s a problem that other major companies in the industry have taken issue with as well.
According to multiple reports, the chain, which has over 12,000 stores worldwide, started clearing PepsiCo’s Pepsi and 7 Up sodas, Lipton tea and Quaker foods, as well as its Doritos and Lays chips from shelves in France, Italy, Spain and Belgium.
A spokesperson for the supermarket chain told The Wall Street Journal that it added warning notes on its shelves explaining the reason behind the change.
Carrefour already issued concerns about the cost of food products and added price warnings in September to pressure manufacturers to reduce their costs.
The company added labels to the products that said: “This product has seen its volume or weight fall and the effective price by the supplier rise.”
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