Carrefour will not sell PepsiCo products in France due to their high prices

Carrefour supermarkets will no longer sell US multinational PepsiCo's products in France, whose brands include Pepsi, Lay's or 7Up, after saying the company had caused “unacceptable increases” in their prices.

Thus, the French company began placing explanatory posters on the shelves of its facilities. “We no longer sell this brand because Unacceptable price increasesThey are praying, according to Reuters.

At this time, Carrefour has not made it clear whether the products on sale now will be recalled or simply not restocked once they are sold out.

The North American company already warned in October that it plans “modest” price increases this year. in this meaning, PepsiCo has revised its 2023 revenue forecast upward three times This is thanks to the price increases that did not affect the demand for their goods.

This measure is similar to the one adopted by Carrefour in September last year, when it then included warnings on Lindt or Lipton products informing them that the manufacturers had reduced the amount of their consumption while at the same time They raised their amounts For sale to the public.