Carrefour and PepsiCo Dispute Over Product Discontinuation Amid Inflation
Both companies claim to have initiated the move in response to failed pricing negotiations, as food price inflation continues to rise.
- French supermarket giant Carrefour and PepsiCo are in a dispute over who initiated the discontinuation of PepsiCo products in Carrefour stores, with both companies claiming the decision was theirs.
- The disagreement is rooted in ongoing negotiations for new pricing agreements, amid rising food prices and inflation.
- Carrefour had previously announced it would stop selling PepsiCo products in France, Italy, Spain, and Belgium, citing 'unacceptable price increases'.
- PepsiCo countered this claim, stating it had stopped supplying to Carrefour due to a lack of agreement on a new contract.
- The French government has been urging suppliers to reach agreements with retailers for lower prices, given France’s double-digit food price inflation in 2022, which reached nearly 16% in March 2023.