Markets of all kinds are being hit with a practice known as “shrinkflation,” where the price of an item remains the same but you get less product (or a lesser-quality product) for what you pay.
Shrinkflation is a variant of inflation where manufacturers reduce the quantity of a product while keeping the price the same or slightly higher. This is commonly seen in consumables like soda bottles ...
You've probably felt it. lighter. That the cereal box runs out faster than it used to. Your gut tells you something's off, yet the price tag looks familiar. Welcome to the unsettling reality of ...
ATLANTA — Companies are increasingly resorting to ‘shrinkflation,’ where product sizes are reduced while prices remain the same, to cope with rising production costs. Channel 2’s Linda Stouffer is ...