Less is more: 'Shrinkflation' hits grocery stores as companies reduce product sizes amid rising cost

I'd say that Less is Less.

"BIDENFLATION": Fed Chair Makes an Ominous Admission About Inflation. “

“As the reopening continues, bottlenecks, hiring difficulties, and other constraints could continue to limit how quickly supply can adjust, raising the possibility that inflation could turn out to be higher and more persistent than we expected.”

"The only things we don’t seem to be running out of are make-believe dollars and unexpectedlies."

https://pjmedia.com/instapundit/464637/

 

One type of food can get boring.

No pork in my stash !

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Interestingly, I've also noticed bags of potato chips are getting slightly smaller, and there are slightly less chips in them.
It's almost barely on the edge of being noticeable.

Guess that's their way of cutting costs without having to explicitly raise prices.

Subtle forms of inflation.

 

what are businesses to do? Force higher pay, employ less people

Force higher pay which increases costs, prices to consumers must be increased

shut down the economy, people burn through savings and turn to credit, and then default

Answer= place moratorium on foreclosures and evictions which needs to be challenged in courts

Democrat votes do have consequences and Democrat voters need to "man up" and accept the fault of what is happening

 

also allows some to say they have 0% trans fat, as they only have to count it if over a certain amount per serving size

that is also why some things say two servings even though we all know it's really one serving

 

Increases in food prices are minor changes. More global changes are an increase in energy prices (I read somewhere that energy prices increased by 24% over the year), as well as for building materials, on metal, and even on used cars ... and so on. All this will lead to acceleration of inflation and in a short time (maybe one or two years) can lead to hyperinflation.

 

Wrong again.
Smaller package sizes and increased prices are the result of pure corporate greed.
Anything to screw consumers and make more money.

 

I don't think so. If it was all just about profits they would have already done this before.

With so many big companies doing this all at once, it indicates something is going on.

With increasing business costs, they are under pressure to increase their prices, but are resistant to doing so for fear that they might lose their customer base to their competitors. Reducing size is another subtle way of increasing prices. You are paying more per the amount of food you are buying.

 

They have done this before...this is not new. it is a common practice that has been going on for decades

this is from 2008

https://www.latimes.com/archives/la-xpm-2008-nov-09-fi-shrink9-story.html

But a careful look at the jars of Skippy on the shelves may reveal a surprise. The prices are about the same, but the jars are getting smaller.

They don’t look different in size or shape. But recently, the jars developed a dimple in the bottom that slices the contents to 16.3 ounces from 18 ounces -- about 10% less peanut butter.

The only way to know you are buying less is to look at the weight on the label and recognize it’s lighter than before Unilever, owner of the Skippy brand, switched out containers.

Across the supermarket, manufacturers are trimming packages, nipping a half-ounce off that bar of soap, narrowing the width of toilet paper and shrinking the size of ice cream containers.

A story from 2010 talking about ice cream packages getting smaller https://www.mlive.com/business/west-michigan/2010/07/will_ice_cream_makers_ever_ret.html

 

But multiple big companies all doing this at the same time?

Why would they all be doing this at the same time?


In 2008 that might have been because of the Recession. (Remember the Housing Crisis?) Consumer spending was down, profits were down, and companies were afraid to increase prices.

 

Not likely... Democrats will just give them more "food stamp" money in their government welfare credit card accounts and everybody will be 'as happy as pigs in sh!t'

Not many Americans are educated enough to even realize that they're getting less product while often paying more for it.... And as long as somebody else is supporting them, they couldn't care less!

 

There's another way to cut costs and the corporations have been doing it for years. Instead of cutting sizes, they put more and cheaper junk in the food so people can just stuff themselves. It matters not what it does to a person's body. I guess it's just another way to lessen the population.

People have to start self educating themselves, because our government just doesn't care. The only ones they care about are the corporations and other lobbyists who support their candidacy. And to think at one time, our FDA was respected throughout the world. I remember a time when I hesitated about buying non American products. Today my lamb comes from New Zealand and Australia and my Cheese from Ireland and Greece.

Not to discount though the American producers of organic and healthy foods that we should be supporting. I actually have real sour dough bread delivered to my house, as well as other artisan foods. But it is more expensive. People just have to learn to eat less.

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This has been happening for decades. Status Quo. The greenback is solid, hence, the inflation bump is temporary.

 

haven't really noticed ... my wife is Portuguese and has never bought processed foods ... always shopped at local and ethnic markets ... even the Mexican mercados here sell fresher food than the corporate grocers ...

pro tip: ... get to the farmer's markets as early as possible ... the good stuff is gone early, often times by restaurant owners ... we made a 7am run to Old Scottsdale this morning and scored some still warm Nixtamal tortillas, organic cilantro and Beef Steak tomatoes ... taco night ...

 

It's nothing new - been done for years.
It's main reason is to maintain profit margins.
The thieves running Dollar General brag about low prices, but the low quantity / weights actually make their products more expensive.
Most folks don't bother do the math.
Sounds like we basically agree though.

 

Blame those big corporations.

Guess what? It's not their fault.

Supermarkets and food processing companies actually run on very low profit margins.
There is plenty of competition between the different companies. If you don't like one you can choose another.

There's no way they can "rip you off" unless it's through dishonest and misleading business practices.

 

Democrat votes have consequences

As a Democrat voter, you own this

 

yeah, and phone makers would never rip you off by making phone batteries hard to replace either.... thing is, corps often do this

we even saw it happen with the light bulb

 

it's not about screwing consumers but yes, those in the Dreaded Private Sector (DPS) need to make a profit in order to stay in business. It's not like taxpayer funded hacks who don't care about cash flow.

With your Democrat vote, you ushered in this new reality. Sure, our last POTUS might have made mean tweets but he understood how jobs are really created and how business works. But, your Democrat vote did please the media and got rid of mean tweets; at least you have that. But you did screw the pooch for the avg person; you own this.

 

Nothing to do with Democrats but basic economics.
Obviously your understanding of Business and economics is zero.

 

You should not speak about business or economics, as you demonstrate no knowledge of either.

 

tell that to my employees to whom I've never missed a payroll

you funny guy and should be proud of your Democrat vote

Democrat votes have consequences

 

Funny is pretend internet business owners who understand no economic or business basics.

 

You can say what you wish and my company isn't an Internet business
Stand proud for what your Democrat vote has brought upon the nation. Inflation will be felt by most