Paying more but getting less at the grocery store. Welcome to Shrinkflation.
U.S. consumers are spending an equal amount or more money for their chosen brands but are receiving a smaller portion in return.
In this story published June 10, 2022, on 12 News:
Shrinkflation is nothing more than getting less product if not the same, but more price and people not telling you about it.
– Hitendra Chaturvedi, professor of practice in supply chain management
- When is the best time to ask for a customer review?
ASU expert says asking for reviews too early can backfire on companies.
- Winners of the Economics Short Paper Competition announced
Students competed to win up to $300 and have their work published.
- Why is customer service so bad? Because it’s profitable.
ASU survey shows consumers are most upset with internet, cable, telephone, and airline customer…