French supermarket Carrefour puts up 'shrinkflation' warning signs
French supermarket Carrefour puts up 'shrinkflation' warning signs
Carrefour is telling its customers which products are smaller than they used to be.
There is a discussion on Hacker News, but feel free to comment here as well.
This is the best summary I could come up with:
French supermarket Carrefour has put stickers on its shelves this week warning shoppers of "shrinkflation" - where packet contents are getting smaller while prices are not.
"Obviously, the aim in stigmatising these products is to be able to tell manufacturers to rethink their pricing policy," said Stefen Bompais, director of client communications at Carrefour.
Carrefour has identified 26 products that have shrunk, without a price reduction to match, made by food giants including Nestle, PepsiCo and Unilever.
In June, French Finance Minister Bruno Le Maire summoned 75 retailers and consumer groups to a meeting about prices, and has accused manufacturers of not toeing the line on inflation.
Supermarkets use the same "shrinkflation" tactic with their own-label products, he added, aiming to keep to a certain price point, for example £1, by introducing cheaper ingredients, or making portions smaller to manage rising costs.
A spokesperson for Lindt & Sprüngli, another brand identified by Carrefour for shrinking its products, said its prices had gone up on average by about 9.3% in line with rising raw material costs.
The original article contains 500 words, the summary contains 175 words. Saved 65%. I'm a bot and I'm open source!
This is super neat.