Carrefour supermarket chain will stop selling PepsiCo products due to price increases

French supermarket chain Carrefour has waged war against the American multinational corporation PepsiCo. The grocery story chain's stores in France, Belgium, Spain and Italy will stop purchasing Lay's, Cheetos and Doritos brand chips as well as Pepsi, Kas, Lipton, RockStar and 7Up soft drinks, Alvalle products and Quaker cereals. This goes for all 18 PepsiCo brands that are usually sold in Carrefour establishments.

The reason the chain is pulling these items is due to "unacceptable increases" in prices. This was stated by a Carrefour spokesperson to Reuters, indicating that PepsiCo products will gradually disappear from its shelves:

In fact, signs are already posted in many of the 9,000 establishments that Carrefour has in different countries in Europe announcing the same thing that they confirmed to the media: that they would stop selling these products due to an unprecedented price increase that PepsiCo had decided to apply: "We no longer sell this brand due to the unacceptable increases in their prices."

PepsiCo in talks with Carrefour

A PepsiCo spokesperson assured that the American corporation was in talks with Carrefour in an attempt to prevent the distribution chain from removing its products.

However, they clarified, they have not yet reached any type of agreement: "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 spokesperson said in a statement.