TEW Magazine

  (Source – CNBC TV18) Carrefour, one of France’s major supermarket chains, is set to cease the sale of  PepsiCo products due to their increasing costs , marking the latest clash between retailers and suppliers over pricing. The decision will not only affect Carrefour’s stores in France, where notes will be displayed alongside products like Pepsi, 7up, and Lay’s chips, explaining the discontinuation, but it will also extend to Italy, Spain, and Belgium, according to reports from CNN affiliate BFM-TV. The move signifies a heightened effort by Carrefour to exert pressure on some of the world’s largest consumer goods companies to reduce prices, responding to the companies’ consistent price hikes over the past two years, driven by rising energy, commodity, and labor costs. In September, Reuters reported that Carrefour had initiated a “shrinkflation” campaign, warning consumers about reduced product sizes despite sustained or increased prices, even as raw material costs eased. Majo...