"Carrefour Drops PepsiCo Brands Including Lay's and Doritos Amid Pricing Dispute"

Carrefour, a major European supermarket chain, has announced it will stop selling Pepsi products in France, Spain, Italy, and Belgium due to what it calls "unacceptable price increases." This decision impacts items like Pepsi soda, Doritos, and Quaker cereals. The move reflects broader concerns over rising food prices, with French food prices having increased by 7.1% in December year-on-year. PepsiCo has cited rising costs for its price increases and has engaged in "shrinkflation," reducing product sizes without equivalent price reductions. Carrefour has been vocal in opposing such practices. While negotiations continue, Pepsi products currently in stock will remain available for sale.