Less product, same price: 'Shrinkflation"
hits US shoppers
Posted By: NorthernDog, 10/17/2021 11:27:13 AM
More air in that bag of chips? Fewer flakes in your cereal box? You're not imagining it: "Shrinkflation," a tactic used by industry to hide price increases, is back in vogue. Facing the post-pandemic inflationary surge, partly fueled by bottlenecks in global supply and trouble finding workers, companies are under more pressure to deal with rising costs. Consumer advocate Edgar Dworsky, who has followed the phenomenon he calls downsizing for quarter of a century, says he has identified dozens of products in recent months that have seen sneaky price increases. He found goods ranging from Charmin toilet paper rolls to
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DENVER — A rideshare driver was hospitalized after he was stabbed several times during an altercation with a group of teens seeking a ride in Denver early Monday morning, according to the Denver Police Department. It happened just after midnight in the 2100 block of Broadway Street in Denver. Police said the victim was driving to pick up the group after they requested a ride from that address. When the driver arrived, he informed the group of five male teens he could not fit them all in his vehicle, according to police. Standard rides on rideshare platforms only allow up to
West Virginia Republicans are speaking out after an Illinois Democrat said their entire state is "an irrelevant part" of the national economy. Rep. Sean Casten, D-Ill., took the jab against the Mountain State in a comment to Politico on Monday while pushing the progressive Democrats’ Clean Electricity Performance Program (CEPP). Sen. Joe Manchin, D-W.Va., sent progressives scrambling to rework the climate agenda in the $3.5 trillion spending bill after he told the White House over the weekend that he would not support the program, spurring ire from progressives like Casten. "If you came and said to me, 'We will pass
Despite President Joe Biden's goal to move cargo around the clock in Los Angeles ports, the gates remained shut on Sunday with a smattering of open traffic on Saturday. The nationwide port schedule app Pier Trucker showed terminals that looked like ghost towns Sunday with barren traffic lanes as additional cargo ships continue to pile up along the coastlines of Los Angeles and Orange counties. On Friday, 88 ships were waiting to dock at either Long Beach or Los Angeles harbors — 10 additional ships from the last count on Oct. 13, according to the Marine Exchange of Southern California.
Americans will see food costs rise "tremendously" in the coming weeks, according to billionaire supermarket owner John Catsimatidis. Catsimatidis, who is the president of Gristedes and D'Agostino Foods, discussed his concerns about inflation and supply chain issues on FOX Business’ "Mornings with Maria," and warned companies like Nabisco, Pepsi and Coke will begin to prioritize products and raise prices in order to get ahead. "I see food prices going up tremendously," he told Maria Bartiromo. "[CEOs] want to be ahead of the curve and the way they're doing it is they're dropping all promotions. They are dropping low-moving items."
Walgreens announced Tuesday it would be closing five of its San Francisco locations due to "organized retail crime," but police department data, local officials, and policy experts are casting doubt on that reasoning, according to a report published by the San Francisco Chronicle on Saturday. While the report said the chain has experienced retail theft, other factors like the COVID-19 pandemic and oversaturation of stores were cited as potential factors behind the decision to close the stores. Walgreens spokesperson Phil Caruso said retail theft across its San Francisco locations has increased in the past few months to five times the
CNN’s Jake Tapper confronted Transportation Secretary Pete Buttigieg on why he didn’t appoint a subordinate to oversee the department while he was on paternity leave. Buttigieg spoke to Tapper on State of the Union, where he fielded questions about the country’s supply chain crises and the Biden administration’s attempts to get their stalled infrastructure agenda through Congress. At one point in the conversation, Tapper asked Buttigieg to respond to the mockery he has drawn from Fox News’ Tucker Carlson and others for taking leave after he and his husband, Chasten, announced the birth of their adopted twins. (Tweet) Buttigieg has
More air in that bag of chips? Fewer flakes in your cereal box? You're not imagining it: "Shrinkflation," a tactic used by industry to hide price increases, is back in vogue. Facing the post-pandemic inflationary surge, partly fueled by bottlenecks in global supply and trouble finding workers, companies are under more pressure to deal with rising costs. Consumer advocate Edgar Dworsky, who has followed the phenomenon he calls downsizing for quarter of a century, says he has identified dozens of products in recent months that have seen sneaky price increases. He found goods ranging from Charmin toilet paper rolls to
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Queen advised to drop her daily cocktail;
family friend says 95-year-old does not
appreciate it 39 replies
family friend says 95-year-old does not
appreciate it 39 replies
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Rep. Adam Kinzinger (R-IL) on Friday condemned the process that led to the redistricting of his House seat ahead of the next election, calling it “anything but transparent.” “I have proudly served six terms in the U.S. House and it has been an honor to do so,” Kinzinger said. “Following the release of the new congressional maps for Illinois, my team and I will spend some time looking them over and reviewing all of the options, including those outside the House. This redistricting process has been anything but transparent, which comes as no surprise to anyone. I believe the people
Seattle Public Schools (SPS) announced Friday it would suspend over 100 school bus routes starting next week due to a shortage of drivers. Starting Monday, Oct. 18, the district will cut 142 of its approximately 600 bus routes due to a "significant decrease in available bus drivers," according to an update sent to parents Friday. The district does not own or operate the buses, and instead contracts a third-party vendor, First Student, which is currently dealing with the impacts of a nationwide driver shortage. "It’s our hope that the staffing shortages faced by First Student will be resolved as quickly
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Breaking: Colin Powell Has Died
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Colin Powell, 84, died from complications due to Covid-19, his family said Monday.
"General Colin L. Powell, former U.S. Secretary of State and Chairman of the Joint Chiefs of Staff, passed away this morning due to complications from Covid 19," the Powell family said in a statement posted on his official Facebook page.
“He was fully vaccinated,” they added. “We want to thank the medical staff at Walter Reed National Medical Center for their caring treatment. We have lost a remarkable and loving husband, father, grandfather and a great American.”
Powell was a distinguished and trailblazing professional soldier whose career took him from combat duty in Vietnam
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A student at an $80,000-a-year ultra-liberal Oberlin College in Ohio claimed in an op-ed that he was left ‘angry, scared, and confused’ because ‘cisgender men’ installed a radiator in his ‘safe space’ dormitory.Peter Fray-Witzer, a student enrolled at Oberlin College, posted an article in Friday's edition of The Oberlin Review in which he takes school administrators to task for giving him short notice about the installation.Fray-Witzer writes that he asked a campus official if he could be exempt from having a radiator installed in his room
Colin Powell, the first black Secretary of State who formulated foreign policy under several presidents, died Monday morning at the age of 84 of complications from COVID. The Pentagon powerhouse who served as a soldier in Vietnam and went on to become Chairman of the Joint Chiefs of Staff was fully vaccinated and battling blood cancer and Parkinson's when he passed away at Walter Reed Medical Center in Maryland, according to his family. Retired Four-Star General Powell, who was also suffering from Parkinson's, is survived by his wife of 59 years,
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Forget Freedom Of Speech – Canadian
Government Bans Employees From Saying
“Let’s Go Brandon”(Photo) 26 replies
Government Bans Employees From Saying
“Let’s Go Brandon”(Photo) 26 replies
An anti-President Biden rap song inspired by the viral “Let’s go Brandon!” trend is now sitting at the top of the iTunes hip-hop chart.
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The song was inspired by the “Let’s go Brandon!” trend that has been sweeping the country since NBC sports reporter Kelli Stavast interviewed NASCAR driver Brandon Brown following his victory at Alabama’s Talladega Superspeedway earlier this month.
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22 replies
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As Politico reported, Buttigieg was “mostly offline” starting in mid-August, and only went on a media blitz after Politico disclosed the fact that he’d been on an unannounced leave.
Fox News host Maria Bartiromo is reporting that House Speaker Nancy Pelosi may be planning to step down.
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Former Trump administration Surgeon General Jerome Adams said Monday on CNN’s “Cuomo Prime Time” that former Secretary of State Colin Powell died because some Americans were not vaccinated.Anchor Chris Cuomo said, “In terms of his passing and how he would want it understood, what do you say about the idea that Powell passing while being vaccinated is proof that the vaccination is not necessary?”Adams said, “It’s absolutely untrue. We’ve got people out there who are in the vaccine-resistant crowd. We’ve got people who have completely different agendas, agendas that have nothing to do with vaccines, and as you mentioned, want to divide us.
California Democratic Representative Maxine Waters is in hot water after it was revealed that she paid her daughter more than $80,000 in campaign funds during the last fiscal year, which ended on September 30.According to financial disclosure records reviewed by DailyMail.com, the House Financial Services Committee chairwoman paid her daughter, Karen Waters, $81,650 in campaign funds.The total was paid in 12 installments from October 23, 2020 through June 17, 2021.More than $212,600 in payments were broken down into 26 entries, such as 'slate mailer management' fees, and 'GOTV' - the acronym for a campaign's 'get out the vote' efforts.
Comments:
Not a new phenomena but is now accelerating.