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Expert shopping hacker offers tips on how to beat companies at their own game

By Gary Guthrie of ConsumerAffairs
April 22, 2024

PhotoAfter falling on deaf ears as corporate profits grew five times as fast as inflation, consumer concerns over shrinkflation might finally be getting heard.

Both the Federal Trade Commission (FTC) and members of Congress are trying to establish shrinkflation as an illegal practice and give the government and state attorneys general the right to bring civil actions against companies who engage in it.

In Congress, the ones wielding the swords are U.S. Representatives Christopher Deluzio (D-Pa.) and Marie Gluesenkamp Prez (D. Wash.). Together, theyve introduced the Shrinkflation Prevention Act.

If enacted, any company thatreduces the size of their products without lowering the price will be called in on the carpet or, where necessary, have the book thrown at them.

When companies are passing along increases in costs to themselves, I totally get it, saysSen.Elizabeth Warren (D-Mass.). But here's the dealover the past few years, their profits have gone up, their profit margins by 75%. Now, that's not just passing along increased costs. If that were the case, profit margins would have stayed the same. Instead, it's using inflation kind of like a smokescreen.

"For example, that good old bag of Doritos, five chips are now missing. The Oreos, missing a couple of Oreos in there. The toilet paper is just a little shorter [of a] roll than it was before. And the consumer, paying the same, gets less."

However, the proposed bill faces pushback from some Republican members, who are skeptical of its ramifications for business operations.

How bad has shrinkflation become?

Shrinkflation has been around since Medieval times when bakers sometimes reduced loaf sizes during times of grain scarcity, subtly increasing the price per unit of bread. And, sneaky or not, over the course of history, others have followed suit because it's a subtle way for companies to boost or protect profits without directly raising prices.

But, companies have gotten clandestine about the practice, trying to make it difficult for consumers to notice. For example, companies may repackage items with smaller dimensions or change their formulas to include cheaper ingredients while still maintaining a similar look.

Many well-known products have been affected by shrinkflation. As Warren noted, theres toilet paper where the rolls might have fewer sheets. Case in point, Cottonelle's mega rolls have been reduced from 340 one-ply sheets to 312 sheets, and their soft version has been reduced from 284 two-ply sheets to 268.

Researchers at Deakin Universitys Institute for Health Transformation found that seven Kelloggs cereal boxes had shrunk since 2019, while 22 product packs were unchanged.

Chocolate bars are now thinner or shorter. Yogurt comes in smaller containers, too, as do chips. And, Tropicana discreetly rolled out 52-ounce clear plastic jugs to replace their 59-ounce containers but kept the price the same.

Can you hack your way around shrinkflation?

Short of getting a seat at the table of Kelloggs board of directors and trying to talk some sense about being honest with consumers, Rather-Be-Shoppings Kyle James says consumers have some options.

He offers several hacks that you can use to tilt the playing field in your favor:

Ice cream: Try to buy ice cream produced by local creameries, many of which still package their yumminess in half-gallon cartons with a price point lower than the big brand names, he says.

Orange juice: James said the secret here is looking at the price-per-ounce on the price sticker when buying OJ.

Cereal: Another price-per-ounce hack, but James notes that sometimes going for the family size box or something from Costco can get you a better return on your dollar.

Toilet paper: Buy your TP from Costco as the sheets still measure 4.5 x 4.0, James suggests. Waybigger than brands like Scott and Charmin that come in at 4.1 x 3.7 per sheet.

Yogurt: Smaller containers are more convenient, yes, but also more expensive. James work-around hack is to, again, buy larger volume multi-serving yogurt containers so you pay less per ounce.

Tuna: Yes, nothings sacred when it comes to shrinkflation. Tuna, too, has a shrinkage problem a serious one.

Twentyyears ago, a can of tuna weighed in at 7 ounces. Nowadays youd be hard-pressed to find one over five, James said. Unfortunately, the price of a can of tuna has notbeen shrinking, making the cost per ounce significantly higher than in the past.

The good news is that there arelots of tuna producers, its got a long shelf life, its usable in many ways (sandwiches, casseroles, salads, etc.) and it goes on sale a lot.

If tuna issomething you like, keep an eye out for sales and grocery store coupons which can bring the price down.

If you have the pantry space, youll want to stock-up when the price is right and beat the canned tuna manufacturers at their own game, said James.



Photo Credit: Consumer Affairs News Department Images


Posted: 2024-04-22 11:00:01

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保护自己免遭身份盗窃的 5 种方法 (5 Ways to Help Protect Your Identity in Chinese) @FTCvideos ***************************** #ftc #identitytheft #identitytheftprotection #federaltradecommission

Published: 11th Nov 2024 01:00:27   By: FTCvideos

DIY Video: Easy Hacks for a High-End Bedroom Look

Easy Hacks for a High-End Bedroom Look
Play Video: Easy Hacks for a High-End Bedroom Look


Want to give your bedroom a high-end makeover without the designer price tag? Tara shares clever DIY tricks to transform a dull space into a stylish sanctuary in just one weekend. -- Welcome to Great Home Ideas, your destination for DIY fixes, home makeovers and amazing ways to bring your garden to life. Each week, we’ll be sharing fascinating stories, fresh projects and expert advice to help you transform your space and make your dream home a reality. Whether you’re up for a full on reno or just like to watch other people bring their visions to life, subscribe for inspiration, tips, and easy-to-follow DIY projects. ▶ Subscribe: https://bit.ly/3hxN7d5

Published: 12th Feb 2025 06:00:32   By: Great Home Ideas

DIY Video: Dropped screws everywhere? Try this! #diy #tips #greathomeideas

Dropped screws everywhere? Try this! #diy #tips #greathomeideas
Play Video: Dropped screws everywhere? Try this! #diy #tips #greathomeideas


Dropped screws everywhere? Try this! #diy #tips #greathomeideas -- Welcome to Great Home Ideas, your destination for DIY fixes, home makeovers and amazing ways to bring your garden to life. Each week, we’ll be sharing fascinating stories, fresh projects and expert advice to help you transform your space and make your dream home a reality. Whether you’re up for a full on reno or just like to watch other people bring their visions to life, subscribe for inspiration, tips, and easy-to-follow DIY projects. ▶ Subscribe: https://bit.ly/3hxN7d5

Published: 10th Feb 2025 06:00:08   By: Great Home Ideas

DIY Video: Touring Tasmania's STUNNING Lavender Farms | S29 Ep4 | Great Home Ideas

Touring Tasmania
Play Video: Touring Tasmania's STUNNING Lavender Farms | S29 Ep4 | Great Home Ideas


Melissa takes us on a tour of Bridestowe Lavender Estate and shows us some creative ways to use this flower around the home. Adam builds a practical desk for smaller spaces and a portable phone holder with just one small piece of timber. Dr Harry gives us some safety tips for keeping dogs safe around water. Ed cooks a beautiful buttered snapper and salad dish, perfect for summer, and give us some tips for elevating your next chicken salad. Graham shows us how to best care for our lawn, keeping it lush all year long. Johanna and Charlie explore the gardens and food of Vancouver, Canada. Juilet shows us a cheap way to make DIY Pedestal Bowls. ---- Welcome to Great Home Ideas, your destination for DIY fixes, home makeovers and amazing ways to bring your garden to life. Each week, we’ll be sharing fascinating stories, fresh projects and expert advice to help you transform your space and make your dream home a reality. Whether you’re up for a full on reno or just like to watch other people bring their visions to life, subscribe for inspiration, tips, and easy-to-follow DIY projects. ▶ Subscribe: https://bit.ly/3hxN7d5

Published: 8th Feb 2025 06:00:20   By: Great Home Ideas

DIY Video: Easy Phone Stand Hack #diy #tips #greathomeideas #shorts

Easy Phone Stand Hack #diy #tips #greathomeideas #shorts
Play Video: Easy Phone Stand Hack #diy #tips #greathomeideas #shorts


Easy Phone Stand Hack #diy #tips #greathomeideas --- Welcome to Great Home Ideas, your destination for DIY fixes, home makeovers and amazing ways to bring your garden to life. Each week, we’ll be sharing fascinating stories, fresh projects and expert advice to help you transform your space and make your dream home a reality. Whether you’re up for a full on reno or just like to watch other people bring their visions to life, subscribe for inspiration, tips, and easy-to-follow DIY projects. ▶ Subscribe: https://bit.ly/3hxN7d5

Published: 7th Feb 2025 06:00:07   By: Great Home Ideas

DIY Video: Beautiful Succulent Wall Art Anyone Can Make

Beautiful Succulent Wall Art Anyone Can Make
Play Video: Beautiful Succulent Wall Art Anyone Can Make


Create stunning succulent wall art with this easy DIY project! Perfect for beginners, this weekend craft lets you design a funky and vibrant statement piece that adds greenery and personality to any space. --- Welcome to Great Home Ideas, your destination for DIY fixes, home makeovers and amazing ways to bring your garden to life. Each week, we’ll be sharing fascinating stories, fresh projects and expert advice to help you transform your space and make your dream home a reality. Whether you’re up for a full on reno or just like to watch other people bring their visions to life, subscribe for inspiration, tips, and easy-to-follow DIY projects. ▶ Subscribe: https://bit.ly/3hxN7d5

Published: 5th Feb 2025 06:00:11   By: Great Home Ideas

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