Supermarket adds ‘shrinkflation’ warnings to over a dozen products – By Daniella Genovese (FOX Business) / Sept 15, 2023
Carrefour marked 26 products with price warning labels
French supermarket chain Carrefour added price warnings on food products to pressure manufacturers to reduce their costs.
The warnings were already placed on 26 products that have shrunk in size but cost more despite raw materials prices cooling, according to Reuters.
All of them come with the same label: “This product has seen its volume or weight fall and the effective price by the supplier rise.”
Carrefour said a bottle of sugar-free peach-flavored Lipton Ice Tea, produced by PepsiCo, shrank from 1.5 liters to 1.25 liters. Meanwhile, there was a 40% increase in the price per liter.
CONTINUE > https://www.foxbusiness.com/lifestyle/supermarket-adds-shrinkflation-warnings-over-dozen-products
