Citing “unacceptable price increases,” Carrefour, the second largest food retailer in France, will stop selling Pepsi products as a battle with the company over rising prices heats up.
On Thursday, it put up signs in its stores informing customers of the decision.
Affected products include Pepsi soda, Doritos, Quaker cereals, and Lipton ice tea.
In 2023, Carrefour had put up disclaimers in its store aisles pointing out products affected by ‘shrinkflation’, where the size decreases but remains sold at the same price.
The signs read: “This product has seen its volume or weight fall and the effective price from the supplier rise.”
At the time, Carrefour’s director of client communications, Stefen Bompais, said that “the aim in stigmatising these products is to be able to tell manufacturers to rethink their pricing policy.”
Responding to Carrefour’s decisions to stop stocking its products, Pepsi said that it would “continue to engage in good faith in order to ensure that our products are available.”
The Gozo-based company, winner of TradeMalta’s MIBA 2024; announced an ambitious investment, for further internationalisation
The saga started back in 2019 when TikTok, or its company ByteDance, was accused of data breaches
It is the largest vessel of its kind, measuring 644 feet