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Supermarkets in France Pressuring Suppliers on Price

09/26/2023

EGG-NEWS has previously reported on pressure exerted by the Government of France on the major supermarkets to reduce the prices over a broad range of food items to lower inflation.  This has predictably resulted in the major supermarket chains transferring pressure onto suppliers in order to maintain margins. 

 

Major food manufacturers including Unilever and Nestle have imposed price increases based on raw material, energy and labor costs and claim that the recent escalations in wholesale prices are justified. 

Traditionally, discussions on price take place during the first quarter annually. The Government is now proposing that negotiations between suppliers and retailers should be brought forward and concluded by mid-January of 2024.