Carrefour will extend the decision to no longer sell in its supermarkets to Spain products of the American multinational PepsiCowhich has brands like Pepsi, Lay’s, Alvalle or 7Upamong others, after claiming that this company caused “unacceptable increases” in its prices.
“Starting Thursday, shelves of PepsiCo products in Carrefour stores in France, Italy, Spain and Belgium will feature signs indicating that the store will stop selling these brands due to unacceptable price increases“A spokesperson for the French distribution chain told Reuters.
At the moment, Carrefour has not clarified whether the products of these brands are the ones Now on sale, they will be recalled or not restocked once sold out..
This includes the measure adopted by the supermarket chain affects more than 9,000 stores in the four countries where this measure will be adopted.
PepsiCo had already warned this last October “Modest” increases were expected. prices this year on its products, which include soft drinks Pepsi, Lipton, 7up, Alvalle gazpachos, Lay’s snacks, Cheetos and Doritos and Quaker cereals.
In this sense the American multinational it has revised its revenue forecast upwards three times in 2023 thanks to the price increases undertaken which did not affect the demand for its items.
The measure is similar to the one adopted in September last year by Carrefour, when it included warnings on products from Lindt or Lipton, which belongs to PepsiCo, to inform that the manufacturing companies had reduced consumption quantities while increasing sales at the public.
Pepsico continues to negotiate with Carrefour to back down
Pepsico Spain said it is negotiating with Carrefour to ensure the availability of its products in the distribution points of this French supermarket and hypermarket chain.
In a note sent to EFE, Pepsico Spain assured that they have been negotiating with Carrefour for “many months” and that they will continue to “dialogue in good faith to try to guarantee the availability of our products”.
2024-01-06 10:23:22
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