Carrefour and PepsiCo's just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship between retailers and suppliers.
PepsiCo Inc. NASDAQ: PEP and French grocery giant Carrefour SA OTCMKTS: CRRFY are pointing fingers at each other, with each blaming the other for a dispute over prices.
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any indication, though the truth may be murkier.
The head of France's biggest supermarket chain E. Leclerc said on Monday he was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-of-war over prices between retailers and global food giants.
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