Carrefour Says It Will Not Sell PepsiCo Goods Due to Price Hikes

Carrefour Says It Will Not Sell PepsiCo Goods Due to Price Hikes
A sign reading "Shrinkflation, This product has seen its weight decrease and the price charged by our supplier increase" at a Carrefour supermarket in Montesson near Paris, France, on Sept. 13, 2023. Sarah Meyssonnier/Reuters
Reuters
Updated:

PARIS—Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay’s crisps, and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.

From Thursday, shelves with PepsiCo products at Carrefour stores in France will be accompanied by a note saying “We are no longer selling this brand due to unacceptable price increases,” a spokesperson for the French retailer said.