BRAZIL: Pao de Acucar threatens to boycott ‘greedy suppliers’
Leading Brazilian retailer Pao de Acucar has threatened to stop dealing with suppliers seeking what it terms 'unreasonable' price increases. The country is struggling with a 40% currency depreciation which has sent raw material costs soaring, reported the Financial Times. The chain intimated it was considering some pretty aggressive tactics to make consumers aware of the problems it was having, for example by labelling empty shelves: "Say no to this product. It is not available because we did not accept the supplier's price increase. Please choose a similar product."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Price an underlying tension across European FMCG
- Interview: UK trade body on Brexit's policy impact
- Analysis: Tyson's shrewd investment in Beyond Meat
- Danone's Q3 sales - what the analysts say
- It won't just be Unilever to push for Brexit hikes
- Nestle lowers outlook on "softer environment"
- Bel takes majority stake in MOM Group
- Mars launches Maltesers in the US
- Abbott sees international nutrition sales fall
- Metropoulos invests in Utz Quality Foods
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Packaged Food: Quarterly Statement Q3 2016
- Global Food Packaging: Innovating for Greater Convenience and Quality Image
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review