UL - 'Shrinkflation' Shame!: French Supermarket Carrefour Targets PepsiCo Unilever and Others By Issuing Price Alerts | Benzinga
Carrefour (OTC: CRERF) (OTC: CRRFY) has taken a proactive stance by issuing price alerts on several products as a strategic move to exert pressure on leading consumer goods suppliers such as Nestle SA (OTC: NSRGF) (OTC: NSRGY), PepsiCo Inc (NYSE: PEP), and Unilever Plc (NYSE: UL) to combat inflation in anticipation of forthcoming contract negotiations.
Carrefour is affixing labels to products that have undergone downsizing while their prices have increased, even after a decline in raw material costs.
This ...