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Consumers have reached a point where they don't have the incremental spending power: Clarence Otis

·1 min

Former Darden Restaurants CEO, Clarence Otis, discussed the decision made by Carrefour, a French supermarket chain, to stop selling certain Pepsi products and other brands due to what they perceive as unacceptable price increases. Otis also addressed concerns about consumer tolerance for price hikes and the current state of food inflation.