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PepsiCo (PEP) is unshrinking shrinkflation.
The owner of Lay’s, Doritos, Tostitos and Ruffles chips will put more chips in some bags to claw back customers tired of higher prices with skimpier bags. Shoppers have balked at downsized chips, cookies, paper towels and other products, widely known as shrinkflation, and turned to cheaper options or stopped buying altogether.
A PepsiCo spokesperson told CNN that Tostitos and Ruffles “bonus” bags will contain 20% more chips for the same price as standard bags in select locations. PepsiCo is also adding two additional small chip bags to its variety-pack option with 18 bags, the spokesperson said.
“It’s the football season. There’s a lot of gatherings,” PepsiCo CEO Ramon Laguarta said on an earnings call last week.
It’s a reversal of years of shrinking bags of Tostitos, Ruffles and other chip brands.
In 2021, Edgar Dworsky, a consumer protection lawyer and founder of the website Consumer World, who meticulously tracks shrinkflation, found that Tostitos’ “Hint of Guacamole” version shrank by one ounce from 12 to 11 ounces, while its “Hint of Lime” version dropped from 13 ounces to 11. Dworsky also found that Ruffles shaved off a half-ounce to a “Sour Cream & Onion” bag in 2013.
“It’s about time,” Dworsky said of PepsiCo’s move. “Chip lovers have suffered through years of downsizings.”
The_Deplorable says
Not sure that "$15,000" house is 1980. More like 1950-1960.
Former President Donald Trump pledged to cut energy bills in half during a Fox News town hall with women voters aired Wednesday.
“Everything starts with interest rates,” Trump said, adding that a solution to the inflation crisis also “starts with energy.”
“I’m making this pledge here,” Trump said. “But I have made it a couple of days before,” Trump teased. “Your energy bill, which is a very big bill, will be down 50 percent starting one year from Jan. 20.” ...
President Joe Biden and Vice President Kamala Harris promptly forfeited Trump’s strategy of American energy dominance upon inauguration in 2021 with regulations designed to curb U.S. fuel production. Americans suffered months of record gas prices and the most expensive outbreak of inflation in 40 years just one year into the Democrats’ administration.
“If your energy bills come down to half, which they will,” Trump said, “It’s going to bring everything down with it.”
buy as much generic brands like Great Value
Another cheap, not too high calorie filler for young guys getting started is POPCORN. Buy whole kernals, not the bagged/microwave shit, spend $10-20 for a silicon bowl that you can toss into the microwave. Add OLIVE oil
Today in how not to get gas prices down on the West Coast news, it was announced that California is on the precipice of losing two more major refineries that produce 14% of the state's gasoline due to suffocating regulation.
Valero may shut down its two California refineries, according to Just The News.
With existing closures already requiring California to import 8% of its supply, the state could soon face a greater dependence on refined imports, adding to its reliance on Middle Eastern and South American crude.
https://www.zerohedge.com/markets/two-refineries-produce-14-californias-gasoline-set-close-due-regulatory-pressure
Today in how not to get gas prices down on the West Coast news, it was announced that California is on the precipice of losing two more major refineries that produce 14% of the state's gasoline due to suffocating regulation.
Valero may shut down its two California refineries, according to Just The News.
With existing closures already requiring California to import 8% of its supply, the state could soon face a greater dependence on refined imports, adding to its reliance on Middle Eastern and South American crude.
that Flavortown Kitchen (in Huntington Beach) probably pays $20 an hour to its entry level staff (not servers)
at Dat Cajun Place ( https://datcajunplace.com/?page_id=428 ) about 3/4 of a mile from the shoreline in Panama City Beach , they pay at least $15 yet the food is just as good quality food and a patty melt burger with fries there goes for only around $12 and $11 for the special-of-the-day
it costs to rent a 3 bedroom, 2.5 bath, +1 car garage within 2 miles of Dat Cajun Place for about $1900 a month
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net