European supermarket giant pulls PepsiCo products due to high prices

One of the world’s largest supermarket chains is yanking popular PepsiCo Inc. products from shelves in Europe due to their high prices.France-based Carrefour S.A. CA, +0.93%, which operates more than 12,000 supermarkets worldwide, started removing items including Doritos and Lays chips, Pepsi and 7-Up soda, Lipton tea and Quaker foods from stores in France, Italy, Spain and Belgium on Thursday, according to multiple news reports.“We are no longer selling this brand due to unacceptable price increases. We ap ...