HomeEconomyInflation: The head of the U system ready to take "more radical...

Inflation: The head of the U system ready to take “more radical decisions” against certain brands

After removing PepsiCo France group products from the shelves of U stores, Dominique Schelcher announced that Système U could make even more “radical” decisions in the coming weeks if the brands do not want to renegotiate with distributors.

“Anger rumbles.” The president and CEO of System U announced Tuesday night on BFMTV that his brands could make “more radical decisions” in the face of brands that do not want to stop the price increases of their products despite the fall in prices of certain raw materials. .

Remove new marks

The one who predicts inflation between “23 and 25% in food by the end of June” asked to return to the table of commercial negotiations with the manufacturers, although the period in France (beginning of December-end of February) has already passed. A speech also delivered this Tuesday morning by the Minister of the Economy Bruno Le Maire on BFMTV and RMC.

For some time now, energy and most raw materials have returned to their pre-existing levels. the war in ukraine. Therefore, manufacturers negotiated tariff increases this winter that appear to be out of step with the evolution of their production costs.

“In Germany, the cartels have radically removed entire brands from their shelves to fight for the consumer. If necessary, we will do it”, warned the head of Système U, specifying that the U stores had already begun to do so with a great brand.

At the end of March, Dominique Schelcher had announced that her group had made the decision to phase out PepsiCo France products from U stores, having failed to reach a commercial agreement.

Therefore, other products could be discontinued in Super U or Hyper U stores if manufacturers “don’t keep the consumer in mind.”

Author: Theo Putavi
Source: BFM TV

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