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Non-Tech : PEP -- Time to buy?
PEP 147.56+0.9%Oct 30 3:59 PM EDT

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From: Sr K1/9/2024 9:59:39 AM
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WSJ

PepsiCo, Grocery Giant Bicker Over Who Dumped Whom

Snacks and soda company says it decided to stop selling to Carrefour after price dispute; supermarket chain says it made the decision

By
Jennifer Maloney
Updated Jan. 9, 2024 7:18 am ET

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Carrefour calls PepsiCo price increases unacceptable, in signs posted on store shelves in Europe. PHOTO: JULIEN DE ROSA/AGENCE FRANCE-PRESSE/GETTY IMAGES
A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split.

PepsiCo said that it had decided to stop supplying the chain’s European stores because the two sides hadn’t reached an agreement on a new contract.

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