French supermarket chain Carrefour will stop selling PepsiCo products in France, Belgium, Spain, and Italy due to high prices and an 'unacceptable price increase'.

The decision is part of a larger effort by French retailers to pressure manufacturers to lower food costs and address a cost-of-living crisis.

Carrefour is also labeling shelves to highlight shrinkflation, a practice where manufacturers decrease package sizes while maintaining or raising prices.

Struggling retailer Casino is planning to sell part of its stores as a part of its debt restructuring plan.

PepsiCo is in discussions with Carrefour and will continue to engage.

Consumers have mixed reactions to the price increases, with some switching to lower-priced supermarket brands due to food price inflation.

Despite potential dissatisfaction from dropping brand name products, Carrefour is committed to ensuring its products remain available and will continue dialogue with PepsiCo.