Costco to drop Coke amid price dispute

Costco has ceased restocking Coca-Cola products following a pricing dispute between the beverage firm and the wholesaler.



The office of Richard Galanti, Coscto’s Chief Financial Officer, confirmed the development, and said the wholesaler will not stock Coke products until the pricing dispute is resolved.



The brands subject to the dispute include Coke Classic, Cherry Coke, Black Cherry Vanilla Coke, Diet Coke, Coke Zero, Sprite and Squirt, Dasani Water and Vitamin Water along with several energy drinks.



On Tuesday, The Coca-Cola Co. Inc. was engaged in the second of a two-day investor conference at the World of Coca-Cola in Atlanta.



Scott Williamson, Coca-Cola spokesman, told Bloomberg the company doesn’t comment on negotiations and John Downs at Coca-Cola Enterprises declined to comment.