"No Pepsi. Coke."
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Supermarket Giant Drops Pepsi and Lay’s Over Price Increases
One of the world’s biggest supermarket chains said it would drop several PepsiCo PEP -0.59%decrease; red down pointing triangle products to protest what it called unacceptable price increases, a rare public standoff between a grocer and food maker after more than two years of rising prices.
Carrefour CA 0.93%increase; green up pointing triangle, which operates thousands of stores across more than 30 countries, said it would stop selling Pepsi, Doritos and other products in France, Italy, Spain and Belgium. A spokesman for the French company said Thursday that it had decided to add notes to store shelves to explain the changes to customers.
Notes seen by The Wall Street Journal say the company is no longer selling Lay’s, Doritos and Benenuts snacks, Alvalle gazpacho, Lipton teas, Pepsi and 7 Up soft drinks and Quaker food products. 7 Up is sold outside the U.S. by PepsiCo.
“We’ve been in discussion with Carrefour for many months and we will continue to engage in good faith in order to try to ensure that our products are available,” a PepsiCo spokeswoman said. She declined to comment further.
