It seems somewhat out of linguistic character for them to use the English-"shrink"-based portmanteau, but hopefully there's a universal commonality (especially coupled with the hashtag format) that makes this move more effective.
Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
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Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#32I think we should place a QR on every product label, and scanning that QR takes me to data about the product such as its historical mass/volume, cost, and unit price, as well as its brand owner right on up the chain. I see you, Nestle. Of course, giving customers information to make an informed decision is Bad For Business.
To combat this, manufacturers can just rename the product.
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#33Earlier quoted context omitted.
There are lots of alternatives to PepsiCo, Unilever, and Nestle.
Well, you just mentioned the companies that own about 90% of what is in Walmart. So, I wouldn't say, "lots".
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#34Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#35Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#36This is great, shrinkflation is one of these disgusting practices that play on the human psyche to trick people. But also carrefour (and large retailers like them) are notorious for abusing their power when buying, and are a large part of the systemic problem. I don't know how much this is negotiating technique.
> I don't know how much this is negotiating technique. 100%. What else would it be?
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#37In the UK many people rely on Food banks and parents skip meals to feed their children. Cutting the amount of food in a package in a manner that is not even visible without carefully examination is a morally dubious practice.
Corporate profits are high. This is one of the reasons why.
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#38> Guigoz infant formula produced by Nestlé went from 900 grams (31.75 oz) to 830 grams, while Unilever’s Viennetta ice-cream cake shrank to 320 grams from 350 grams. Wish I could be surprised at Nestle doing the most evil thing possible, but here we are.
Every brand is doing this
Seems like just a negotiation tactic against their suppliers versus doing something pro-consumer.
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#39I think we should place a QR on every product label, and scanning that QR takes me to data about the product such as its historical mass/volume, cost, and unit price, as well as its brand owner right on up the chain. I see you, Nestle. Of course, giving customers information to make an informed decision is Bad For Business.
Mostly bad for business because of the massive data and engineering effort required.
Re: Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
#40Everyone but companies can suffer from the effects of inflation, got it.