you need a carrefour mindset to beat it. that the pushback started in france where the whole country riots every time the government tries to raise taxes on gasoline or slightly cut back on public pensions. of course, in truth you actually don't need to buy pepsi products. you can drink water. you can certainly skip doritos. and yes, if you take a glp-1 drug like the one that eli lilly just made so easy to get with its direct to consumer initiative today, the old lay's tag line is literally true. you can't eat just one. because you don't want to eat any. listen, as long as we have strong employment and we still do, it will be difficult for retailers to push back on pricing like carrefour. people want variety at the supermarket. they have the money they're going to shrug their shoulders and buy what they want. but if every grocer were to have the business model of costco or the guts of carrefour we'd see prices coming down all over the place. everyone in the food chain so to speak would make less money, which could hurt the s

this is a stunt by carrefour and saying they may be doing the same thing.ll of this pressure while the negotiations is happening in the background. you remember in september with the shrinkflation. saying the product has gone down, but the price is the same. france wants to make this a law for the supermarkets and they have sent to it brussels for approval to food retailers have to signal when the cost is remaining the same when the size has gone down. that could be march in france. this is all in the background. this article was published a couple of days ago which this should be a priority for the government and the cost of living crisis is ahead of immigration and health. you can see why the french government wants to be public and they are trying to fight for lower prices. >> that play into the french inflation numbers we had yesterday. i wonder to what extent these types of discussions and the various decisions that carrefour had over shrinkflation is driven by their economics and the fact that margins are razor thin at this time? it is like they are a

the french retailer carrefour says it will no longer sell pepsico products like pepsi, lay's crisps ander prices between retailers and globalfood giants. that is your world business report. jess was 13 when she decided she wanted her own flock of sheep. she started out with three.— started out with three. when i saw my original — started out with three. when i saw my original three, _ started out with three. when i saw my originalthree, i— started out with three. when i saw my original three, i just _ started out with three. when i saw my original three, ijust knew- started out with three. when i saw my original three, ijust knew i - my original three, ijust knew i wanted them. my original three, i 'ust knew i wanted themh my original three, i 'ust knew i wanted them. ., ., ' , ., , ., wanted them. now aged 15, she has a flock of 14 and — wanted them. now aged 15, she has a flock of 14 and counting _ wanted them. now aged 15, she has a flock of 14 and counting and _ wanted them. now aged 15, she has a flock of 14 and counting and the - flock of 14 and counting and the schoolgirl from la

carrefour will no longer carry pepsi and lay's products. a spokesperson for pepsico said carrefour miss characterized the issues. we stopped supplying at the end of the year. something they were aware could happen. in response, carrefour responded. we have taken this decision. since last summer, carrefour has been increasing pressure on suppliers to bring down prices. it attached labels warning shoppers of shrinkflation. pepsi and carrefour have been in negotiations, but this could be a potato or tomatoes situation. as a result, products are no longer available. pepsi said they hope they can reach agreement. it sounds like a pretty hairy negotiation. >> i am not shopping at a place which doesn't have pepsi. i'm not talking about pepsi products. >> lay's products. >> i'm not eating those. all the toes. >>> tiger woods' 27-year partnership with nike has come to an end. he announced that yesterday in a statement on x. he said phil knight's passion brought this together. i want to thank him with the nike employees and athletes i worked with alo

the only income is from farming, the new village was named carrefour.are working here with me. we ’ve never even seen houses like the ones we’re building for ourselves; of course, they can’t compare with where i live now. the mine provides over a thousand jobs by purchasing goods and services from local residents. in addition, the company intends to employ an additional 300 people once underground mining is launched. when you leave completely deep, you have to remove a very large volume from the roof and thus incur very high costs if you continue to mine gold in the open pit, while the underground mining method allows you to minimize these costs and go directly through the ore body lived, this is the first underground mine in guinea, and this is truly a unique project for the country, which... we are developing, so that we bring new expertise, new experience, employees will learn new skills, the rapid development of the continent is high the potential for prospects is increasing competition between major foreign players in africa. what countries are fig

maybe it plays out with carrefour and pepsico.kes pepsi had been putting through. where do things stand now? what is your message on the inflation/deflation picture and what would you tell ceos now? >> in the carrefour and pepsi example, that's a good one. it's late in the game. that's why we're saying, take it now. take prices early. may regret it a couple months but there will come a point where companies can't take pricing anymore, and i think we're getting there. and, by the way, going to carrefour, what do you do? back to the others. say i gave them a special deal? it's really, why companies here go walmart first. they can say, hey, walmart's taking the price increase. >> walmart toughest? >> walmart, toughest. most other take it. i don't know where carrefour stands. but i think there's a lot of discounting going on. consumers aren't really seeing the regular pricing. especially in grocery stores. they are in restaurants and others. >> meaning the list price? at a grocery store, no longer the list price. just like pharmaceuti

will no longer stock pepsi products because of a dispute over rising prices, french grocery chain carrefour is pulling items like pepsi, lay's, doritos and cheetos from its shelves in france, italy, spain and belgium. the store left notes for customers, explaining that the decision was due to what the store calls unacceptable price increase is coming up. >> the youtube star, who staged a plane crash, speaks out as he begins serving prison time, also ahead, a new clue in the mystery surrounding d.b. cooper, the man who a plane in 1971 and made off with $200,000 in cash a year after a heart attack, mike's feeling like himself again. but even though time has passed, his risk of a second attack hasn't. mike is still living in the re. with a very high risk of another heart attack or stroke. he doesn't know with his risk factors his ldl-c (bad cholesterol) is still too high - the recommended level is below 55. are you living in the red? get in the know. learn how to get a free ldl-c test at whatismyldl.com. wow. that's good. almond breeze? you like the almond breeze i got you... that's sooo inter

carrefour is pushing back because inflation has slowed down. you can't keep raising prices. that is not acceptable to the customers. if you see this happening with other retailers, which i anticipate is the trend and it is happening with the walmarts and costcos of the world because they have control over these things. they push back on these things happening. if you see that continuing, it will signal to investors that you are not going to continue to get margin expansion. you can't use inflation as an excuse for raising your prices. >> this is the macro meets the micro. tom barkin, the fed president, talking about the process of inflation. micro process of inflation before the pandemic and you went to your customer and say i need to charge you 10% more. they broke during the pandemic. prices were accepted. they pass on to customers. we're now on the other side. i think barkin looks at this and smiles and he's happy about this. the pushback from the customers to the supplier is an improvement in the micro inflation dynamic that then ends up in the macro numbers. >> granted,

french retailer carrefour says it will no longer sell pepsico products like pepsi, lay's crisps and 7up over prices between retailers and globalfood giants. good news for home owners in the uk, where millions of people are facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages — while financial markets wait to hear if and when the bank of england will begin cutting interest rates from their current 15—year high. around the world and across the uk. this is bbc news. sometimes a simple knock at the door and a friendly greeting mean more than we know. rodney and paulfirst met through the befriending scheme run by age uk in lockdown. that meant phone calls at first but now face—to—face meetings. they are firm friends, especially after ronnie lost his wife earlier this year. we are both in _ lost his wife earlier this year. - are both in the same situation. it is very good to talk together about different stuff. i is very good to talk together about different stuff.— different stuff. i don't think we have ever _ different stuff. i don't think we hav

but i just read that carrefour, a french company -- >> right. well, i'll tell you. i'll say this to the two charlies and you. pepsi's got freo lay, and i think that's going to be a part of a glp problem but coca-cola doesn't. i would prefer coca-cola to pepsi right now. greg in kentucky. greg. >> caller: hey, jim. long-time "mad money" viewer. how are you doing? >> eem doing well. how about you? >> caller: not too bad. question on a travel stock. ceo states company's results were strong across major metrics, booking strength was higher than expected pricing. >> right. >> caller: should i start a position in cco with spring and summer months coming -- >> no. insist on royal caribbean. royal caribbean's got the best balance sheet, royal caribbean is the best way to play it, and there's no way-two ways about it. that is the one you want to be in. george in florida. george. >> caller: hey, jimmy. it's george from florida. tell me, friend -- >> great to have you on the show. >> caller: a cash-rich giant and bitcoin-rich giant lock inc., ticker sq. >> this stock is what i

. >>> francis carrefour with thousands in many places no longer taking prepsy products and other brandceptable price hikes. the move shows consumers might be approaching a breaking point. bring in our next guest for more on this. clarence otis, former darden restaurant kceo. clarence, two years extreme inflation when it comes to food prices, restaurants and beyond. what do you think the situation is at this point just in terms of the consumer ability to continue to take anymore? >> becky, for sure, despite the fact there really is slow employment levels and rates growth, many consumers definitely are feeling pressure. look across the board at major spending categories. so food inflation, rents escalated. fuel costs, in unit right now, but consumers know they're volatile and could spike at anytime. so that weighs. then when it comes to digital lives. think about connectivity, content, devices, those are taking a bigger and bigger share of consumer budgets, and so moves like these are not surprising. i think what's surprising here, because these things happen all the time is that we're t