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The Journal.

Food Fight: PepsiCo vs. Carrefour

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.25.8K Ratings

🗓️ 17 January 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Carrefour, one of the world’s biggest grocery chains, said it’s dropping PepsiCo products from roughly 10,000 stores across five European countries. Carrefour says it’s taking a stand against high prices. But as WSJ’s Jennifer Maloney explains, PepsiCo has a different take on the story. Further Reading: - Supermarket Giant Drops Pepsi and Lay’s Over Price Increases - PepsiCo, Grocery Giant Bicker Over Who Dumped Whom Further Listening: - Are Rotisserie Chickens ‘Inflation-Proof’? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Imagine yourself grocery shopping in Europe in a city like Rome or Barcelona or maybe Paris.

0:13.0

Paris.

0:16.0

You step through the doors of one of the country's biggest grocery store chains, car form. You go past the well-stocked cheese aisle, the bottles of wine, the baguettes. But maybe

0:29.7

you're craving something a little more American, maybe something with a notcho

0:34.9

zest, maybe some Doritos. These days when you get to the chip aisle you might not find Doritos or Cheetos.

0:46.0

In fact you might have a hard time finding any of PepsiCo's products in car four shelves.

0:51.0

Instead you will find a strange little note.

0:56.0

They show the brand name of various products like Cheetos and Doritos.

1:02.0

That's our colleague Jennifer Maloney.

1:04.0

And they had this message from the grocer that says,

1:09.0

we, do you want to read it you in French and then tell you what it says in English? Yes actually do you speak

1:14.4

French? I do. Oh my God perfect. It has the Doritos logo on it.

1:23.0

And underneath it, it says,

1:25.0

we need more this mark for cause of the

1:28.0

oste depris unacceptable.

1:31.0

It means we are no longer selling this brand because of unacceptable price increases.

1:38.0

Huh. How often do you see something like that in a grocery store?

1:44.0

I have never seen something like that in a grocery store.

1:47.6

To have a sign basically attacking your

1:55.0

I'm, I'm talking, they're like, I spit in your eye.

1:59.0

It's like a food fight.

2:01.0

It's like a food fight.

...

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