French supermarket Carrefour to stop selling Pepsi goods due to price hikes

France's finance minister has previously threatened to claw back what he described as 'undue' profits from food companies with special taxes if they did not pass on their own lower costs to consumers

It is unclear whether PepsiCo products already on Carrefour shelves will be withdrawn, the spokesperson said, adding it cannot stop shoppers from buying those on display. Picture: Guillaume Plisson/Bloomberg/Getty

French supermarket giant Carrefour is telling customers it will no longer sell PepsiCo products such as Pepsi, Lay's crisps, and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.

Shelves with PepsiCo products at Carrefour stores in France will be accompanied by a note saying, "We are no longer selling this brand due to unacceptable price increases", a spokesperson for the French retailer said. PepsiCo did not respond to a request for comment.