Carrefour says it will not sell PepsiCo goods due to price hikes

Carrefour, a French multinational retail company, has announced that it will no longer be selling PepsiCo products in its stores due to recent price increases. This decision was made after careful consideration of the impact of these hikes on customers and the company's own profitability.

PepsiCo is one of the world's largest beverage companies, producing popular brands such as Coca-Cola, Sprite, and 7Up. In recent years, the company has faced criticism for its pricing strategies, with some consumers feeling that the prices of its products have become too high.

Carrefour's decision to stop selling PepsiCo goods is likely a response to these concerns, as well as an effort to maintain competitive pricing for its own customers. The company has not yet stated whether it plans to sell other beverages from PepsiCo or if this is a permanent decision.

It is worth noting that Carrefour is not the only retailer to have taken action against PepsiCo's price hikes. In recent months, several other major retailers in Europe and North America have also announced that they will no longer be selling certain PepsiCo products due to their high prices.

Overall, this decision by Carrefour is likely a response to growing concerns about pricing and profitability in the retail industry, as well as a reflection of the company's commitment to providing value for its customers.