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Economy

“Pepsi, Lay’s dropped by one of the world’s biggest grocers over price hikes”

“France-based Carrefour, one of the world’s largest grocery chains, told customers Thursday it is pulling Lay’s, Doritos, Lipton teas and other PepsiCo products in protest of increased prices. Stores in France, Italy, Belgium and Spain will be affected, multiple news outlets reported. Carrefour, which has more than 12,000 stores globally, did not immediately respond to The Washington Post’s request for comment…

The move from Carrefour comes as Europeans continue to battle with high food prices. In France, food prices rose more than 7 percent year-over-year in December. Price increases peaked in March 2023, surging almost 16 percent, according to one estimate…”

https://www.msn.com/en-us/money/companies/pepsi-lay-s-dropped-by-one-of-the-world-s-biggest-grocers-over-price-hikes/ar-AA1mtTwy

Battle with high food prices? Oh you mean inflation. I guess that word is like a land mine that must be avoided.

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