PepsiCo products removed from supermarket giant’s shelves over ‘unacceptable’ price hikes | FOX Business
Carrefour, one of the world’s largest supermarket chains with over 12,000 stores worldwide, is making headlines by boldly against PepsiCo’s products. The reason? “Unacceptable” price hikes. This move has brought to light a broader issue that several major companies in the industry have been grappling with.
In a surprising move, Carrefour has begun removing PepsiCo items like Pepsi and 7 Up sodas, Lipton tea, Quaker foods, Doritos, and Lays chips from its shelves in several European countries, including France, Italy, Spain, and Belgium. The supermarket chain is not keeping this decision a secret; they have placed warning notes on their shelves, explaining the rationale behind this action.
This isn’t the first time Carrefour has voiced concerns about rising food product costs. In September, they started adding price warnings to pressure manufacturers into reducing their costs. Jean-Pierre Leclerc, an executive at Carrefour, emphasized the need for major suppliers to reconsider their price increases, advocating for more reasonable, transparent, and evenly distributed cost impacts……..
[read more]
Rising Dough
While Carrefour and PepsiCo are currently engaged in talks to resolve this issue, it raises a compelling question: How do such disputes between businesses and suppliers impact the overall economy and, by extension, the consumers?
*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.
Share this content:
Disputes between businesses and suppliers can lead to supply chain disruptions, affecting product availability and prices. These conflicts may create instability, impacting consumer choices and potentially driving prices up due to scarcity or increased production costs. Such disruptions can also affect investor confidence and have broader economic implications, especially if they escalate or persist over time. Resolving these issues swiftly helps maintain stability and ensures smoother operations for all involved parties.
disputes between businesses and suppliers impact economy by loss of revenue. For supplier it means loss of income which means they may have to lay people off. On the other hand, supply chain issues impact distributor by loss of customers, and income. If the company can’t sell specific products consumers may not buy alternatives, and instead go to competitors. For consumers these issues either mean loss of jobs, which means loss of income, or having to shop elsewhere which may be more expensive for them.
by loss of revenue meaning the pets decrease daily,
Business cannot survive without suppliers, and suppliers are unable to survive without businesses. It is this simple fact that makes it so when one of them disagrees with the other on this level, it can cause major disruptions of supply to the demand of consumers, while also causing scarcity. This will make the economy unstable in certain sectors as a matter of course, while also causing dissatisfaction to consumers and otherwise create chaos in an otherwise stable market. There are many possible affects, and the previous were simply those that would be seen on an immediate level.
This may cause problems the customers have turned a blind eye to, as many may realize that the prices are higher than normal and may not purchase the product as normally. This in turn affects the suppliers and businesses through a decrease in revenue.