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Non-Tech : PEP -- Time to buy?

PEP 147.56

+0.9%

3:59 PM EDT

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From: Sr K	4/3/2024 5:26:27 PM
	of 392

PepsiCo and Carrefour end food fight. BUSINESS RETAIL PepsiCo and Carrefour End Food Fight, Returning Snacks and Drinks to Shelves Snacks giant had stopped supplying Carrefour stores; grocery chain had cited ‘unacceptable price increases ’ By Jennifer Maloney and Sam Schechner April 3, 2024 3:18 pm ET Share Resize Listen (2 min) A sign read, “We are no longer selling this brand due to unacceptable price increases,” on a Carrefour store shelf in January in Paris. PHOTO: STEPHANIE LECOCQ/REUTERS Pepsi and Cheetos are back in stock at Carrefour stores in France, ending an impasse over grocery prices that stretched for three months between one of the world’s biggest food companies and one of Europe’s largest grocers. Carrefour and PepsiCo Wednesday said they had reached a deal for PepsiCo products to return to stores in France. Negotiations on returning PepsiCo brands to Carrefour stores in four other countries are ongoing, according to a person familiar with the matter. Exc.

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