🔥 The Hot Corner

💬 Quoted… “We are no longer selling this brand due to unacceptable price increases.”

  • A sign with this sentence👆 will start appearing in the aisles of many grocery stores across France, after French retail giant Carrefour, one of the biggest supermarket chains in the world, said it plans to ditch PepsiCo products – which encompasses brands like Pepsi (obvi), Lays, Lipton teas, Quaker, Mountain Dew, Gatorade, and more – amid a price dispute and high food prices. In France, food-price inflation reached ~16% in March 2023; in December, food prices rose 7.1% over the past 12 months. This isn’t the first time Carrefour has clashed with suppliers either – shrinkflation labels were previously placed on 26 products in its French stores, which said: “This product has seen its volume or weight fall and the effective price from the supplier rise.”

🚘🔌 Stat of the Day: An EV owner using a paid fast-charging station stays there for 42 minutes on average, consuming 22 kWh of energy (enough to travel ~88 miles), according to an analysis of 2.4 million fast charging sessions from 2020–2023. But not all EVs and charging stations are created equal – the analysis doesn’t include Tesla owners, and when they’re included in the dataset the average time spent charging drops down to 31 minutes. Surveys indicate public charging speed is one of the biggest… roadblocks (😉) stopping consumers from wanting to purchase an electric vehicle.

🤔 Did You Know?... As of 2015, an estimated 87% of the world’s population – or 6.4 billion out of 7.3 billion people – lived in the Northern Hemisphere.

📰 Worth a Read: What’s the Best Time to Eat Dinner? Here’s the Math → (WSJ)

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