Well good, fuck ‘em. Pepsi I mean. I had a gf who was obsessed with Diet Pepsi and the price has over doubled in the past few years. In 2020, you could easily find 2 liter bottles for $0.99, $1.25. Then they went to $1.75… $2.49… $2.99. You can still find them on sale 3 for $5, not not often or all the time. I’m pretty sure that the cost of bringing Diet Pepsi to market has not increased 300%.
About a year ago I was at a grocery store and bought one of those 473ml bottles of pop at the till. It rang up on the till as $2.99
I told them to remove that, it's ridiculous, went to the pop section, and got the exact same 2L pop on sale for $1
Oh yeah, small bottles in convenience sizes are absurd. Same for water. You can buy 1/2 a quart for $2.00 or an entire gallon for $1.50.
Or turn the handle on your faucet for $0.00
Well, technically you do pay for tap water, but sure, it’s like 2 cents. I use bottled water when I’m camping or otherwise away from my faucet.
I pay something like $5 per 10,000 gallons, so for me a bottle of water definitely rounds down to $0.00.
Those mini-cans of soda are more expensive too. So nuts.
Pepsi owns Frito-Lay, so I wonder what else is going on behind the scenes? And did Carrefour also drop Quaker Oats?
It's two big conglomerates battling over money. This doesn't benefit consumers, it benefits the two giants.
If Carrefour gets a good deal by using it's shear scale, it will compete with smaller retailers who can't force a better deal. If it's doing this to Pepsi, imagine what it does to smaller business and farmers etc.
If Pepsi gets their price rise it'll increase its profits.
If they compromise halfway, consumers will ultimately still lose out.
It pushes own brand which has much better margin.
How aren't lower prices a benefit for consumers in principle? (Leaving aside specific questions about health and that Pepsi is overpriced anyway.)
Basically prices will still go up and the supermarket will get a wider profit margin to smooth things over so consumers will still get a brunt of the price increase.
Thanks, I see my misunderstanding now. You're saying that this doesn't push down prices far enough, not that there isn't any benefit.
And did Carrefour also drop Quaker Oats?
Yes. As well as Lipton, 7Up, Doritos...
Came here to say this. That said, they own a lot of other things too, so there’s something funky happening.
I'm confused about why you guys think this is "funky" or something else is happening. FritoLay/Pepsi hiked prices on certain products, Carrefour wasn't happy about not being able to negotiate a different price point and they decided to hit back by discontinuing those products and very publicly adding PR signs blaming Pepsi for increasing prices to flex their muscle.
This is very unusual, but not that confusing. Inflation being caused by corporations rising prices unnecessarily has been a common narrative, large supermarkets have been blamed for it, especially when it comes to products like fruit and vegetables. Carrefour wants to make sure the manufacturer gets blamed instead of them. It helps that they have a very, very robust set of store brands, too.
What's a Quaker Oats? I guess they dropped it 1958 when they first opened, along with everybody else.
(Kidding, kinda, I have heard the name, but I couldn't tell you what you get inside a box or what you do with it. Eat it, presumably, but I don't know how).
It is an American brand of oatmeal. You cook them to make a porridge.
They also make cereals (Capn Crunch), snack bars, Rice-a-roni, Tropicana, etc.
We don't have Cap'n Crunch either. And I don't know what Rice-a-roni is. If Tropicana is juice we do get that. Pepsi drinks are a thing worldwide.
As for porridge, the only reason I've ever seen it is I know people with medical issues.
I don't understand what is upsetting in your comment for some.
Some heavily processed foodstuffs are unique to the US and doesn't sell anywhere else, to the point as someone who has lived in a bunch of countries across Europe, I have no idea what a rice-a-roni is either. I imagine every country has its own food types not many other countries sell. I would be surprised if French cuisine stopped at croissants as well.
Maybe people don't like pointing it out that US culture is not the default across the world and people have different cultural lenses with which they view the world?
I don't know, man. I mean, I know about that last part, that is definitely a thing. I don't know if that's it or if the perception here is different or what. I wasn't even trolling, I'm mildly curious about Rice-a-roni now. Just mildly enough not to google it. Maybe the Carrefour versus Pepsi thing reads as a Europe vs the US thing? I hadn't even considered that until just now and it seems hilarious.
For the record, we obviously get a ton of cereal, including very sugary cereal. You can get those pillowy things with nutella inside them, which are less cereal and more a way to pretend you're having breakfast when you're really just inhaling a full box of chocolate cookies.
Oats are the main ingredient in muesli and granola. And there's also a milk substitute made out of them. Avoine if you speak french.
Good, their products will rot your body and teeth. Then they just raise prices for no reason? Fuck them and stop stocking their products.
Don't worry, their competitor product, that would be chosen over them anyway because of the price, will also rot your body and teeth all nice.
Now lets do this in USA.
How can that be profitable for Frito-Lay?
It's not. They fucked up.
They're both the bottom barrel of junk food.
It‘s worth noting that this has been going on for quite a while now in Europe. Two of Germany‘s largest retailers, Edeka and Rewe, don‘t stock products from quite a few companies like Mars, PepsiCo and Procter&Gamble anymore. Edeka even went to court with Coca-Cola because of their ludicrous price increases in 2022.
And both retailers haven’t shied away from making these issues very public. They‘ve often put signs into the empty shelves explaining the situation in detail.
They are obviously more afraid of having to explain those massive price hikes to customers, than they are of not stocking these products at all. Which, seeing how little the manufacturing costs actually increased while profits for the manufacturers surged, is definitely a good thing for consumers.
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.