🌐 Entity
Shrinkflation
Reduction of quantity/quality of a good without corresponding price reduction
📊 Rating
1 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Brand Integrity (1)
- Consumer Rights (1)
- Economic Practices (1)
- Food Quality (1)
🏷️ Keywords
Reese's (1) · Skimpflation (1) · Brad Reese (1) · Hershey Company (1) · Ingredient Changes (1) · Chocolate Candy (1) · Brand Integrity (1) · Consumer Protection (1)
📖 Key Information
In economics, shrinkflation, also known as package downsizing, weight-out, and price pack architecture is the process of available products shrinking in size or quantity while the prices remain the same. The word is a portmanteau of the words shrink and inflation and was coined as the counterpart to economic inflation, wherein prices rise while the product remains unchanged. A related term, skimpflation, involves a reformulation or other reduction in quality.
📰 Related News (1)
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🇺🇸 The candy heir vs. chocolate skimpflation
The grandson of the Reese's Peanut Butter Cups creator has launched a campaign against The Hershey Company, which owns the Reese's brand. He...
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Shrinkflation:
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