In the run-up to negotiations with Nestle, PepsiCo and Unilever, the French retail chain Carrefour increased the pressure on major companies and warned of hidden price increases. Since Monday, the group has been labeling 26 products in its stores with the words “The volume or weight of this product has decreased and the supplier’s effective price has increased.”
For example, Lipton reduced its bottle of sugar-free peach flavored iced tea, manufactured by PepsiCo, from 1.5 liters to 1.25 liters, effectively increasing the price per liter by 40 percent.
Nestle did the same and reduced the amount of Guigoz infant formula by 70 grams per pack, while the Viennetta ice cream cake produced by Unilever shrank by 30 grams.
Like other European countries, France has been trying for months to ease consumer woes amid rising costs of living by pressuring major companies to freeze or cut food and transport prices.
These warnings remained in place until suppliers agreed to price cuts, Carrefour boss Alexandre Bompard explained.
Source: Krone
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