Shrinkflation

US candy makers haunted by Halloween discounts as retailers scare up sales

[NEW YORK] US retailers are discounting some Hershey candy ahead of Halloween on Friday, the confectioner’s biggest holiday, after it hiked prices this summer due to cocoa inflation, according to thir...

Shrinkflation has hit a number of popular products in the UK with recipes also tweaked to save on costs.

British shoppers wise up to ‘double dip shrinkflation’

CONSUMERS in the United Kingdom are noticing “double dip shrinkflation” where products such as chocolate and crisps have reduced in size multiple times as suppliers try to protect their profits.

Supermarkets, manufacturers and fast-food chains are stepping up promotions to entice customers to buy more.

Goodbye grocery greedflation and shrinkflation; hello deals

The tide is turning on food prices. Consumers can rejoice, but manufacturers and stores should worry

South Korea's Fair Trade Commission said it has designated the practice of some businesses to cut product portions while keeping the price the same, or so-called shrinkflation, as an unfair transaction subject to penalties.

South Korea to slap fines on food suppliers for ‘shrinkflation’

SOUTH Korea’s antitrust regulator said on Friday food makers and suppliers will be required to notify shoppers if they reduce the size of their products or face fines of up to 10 million won (S$9,880)...

A sign reading "Shrinkflation: This product has seen its weight decrease and the price charged by our supplier increase" at a Carrefour supermarket in Montesson near Paris, France, Sept 13, 2023.

Why is my ice cream shrinking? Inflation by stealth 

GROCERIES are becoming more expensive. What people may not have noticed is they’re getting smaller too.

Businesses face big challenges right now, but giving customers less for their money is the opposite of customer love. Leaders can make the best of a tough situation by doubling down on innovation and transparency.
THE BOTTOM LINE

The case against bad profits via shrinkflation

Instead of offering less for the same amount of money, leading companies use innovation and transparency to overcome inflationary pressures and keep wowing customers.