Rep. Ilhan Omar and other progressive lawmakers say it’s time to crack down on companies for “shrinkflation.” The Minnesota Democrat unveiled a bill Friday that would require brands to add labels to their packaging noting when they’ve reduced the amount of product a package contains but kept its price the same. She and her 14 … Read more
Have you recently noticed fewer potato chips in your bag, or a little less toilet paper on your roll? Democrats in Congress have noticed, too. A handful of senators introduced a new bill Wednesday meant to crack down on “shrinkflation.” That’s when companies reduce the amount of product in a package but keep the price … Read more
On top of food inflation and shrinkflation, consumer analysts are warning customers about the rise of another issue: skimpflation. “Skimpflation is basically when a manufacturer decides to reformulate a product usually using cheaper ingredients,” consumer watchdog Edgar Dworsky told Global News. Dworsky has been analyzing food products in the United States and has been posting … Read more
