International
Via Al Jazeera English
Shrinkflation: How Brands Steal Your Money by Shrinking Portion Sizes and Raising Prices
Brands are using 'shrinkflation' strategies to maximize profits by reducing portions and increasing prices of essential items. This tactic is leaving shoppers feeling like they're getting less for their money.
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Brands are employing a strategy known as 'shrinkflation' to maximise profits, where portions of essential items are reduced while prices remain unchanged or increase, resulting in shoppers getting less for their money. This practice allows companies to maintain profit margins without being forced to lower prices due to increasing costs. Shrinkflation is becoming increasingly common across various industries, leaving consumers feeling shortchanged. As a result, many are becoming more aware of this hidden cost and seeking alternatives.
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Al Jazeera English
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