Skimpflation - Food producers' new tactic
Dec 20, 2023 18:24:00 #
fourlocks wrote:
We all know food producers have been slowly reduci... (show quote)
Back in the 50s Coors beer was sold in 12-bottle cases. Those cases sold for the same price as other brands' 12-bottle cases. However, each bottle of Coors contained 11 oz, not the usual 12 oz that was in all the other brands' bottles. Now, nobody really noticed the difference - 12 vs 11 oz is not a huge difference - but the fact is that, taking the case in total, the customer was getting exactly one (1) LESS bottle per case than he/she would get with the other brands. Nobody complained, nobody yelled "I'M BEING CHEATED!" The labels all plainly stated the quantity was 11 oz.
Dec 20, 2023 22:11:38 #
Thats nothing new, it has been going on for quite awhile now. When was the last time you bought ice cream that contained a full half gallon of ice cream? There is at least one brand around here, Stewart's Ice Cream Shoppe for one, that does, but all the major brands like Breyers only contain 1.5 quarts of ice cream. They not only put less product in the package, but they hit you with a double whammy by raising the prices as well.
Your darn lucky if you are getting 14 ounces of coffee in a can. I bought 3 cans of coffee which were on "sale" recently (a major brand which has been around since I was a kid) and the cans not only had 10.5 ounces of coffee (down from 11.5 ounces not all that long ago) and the sale price was more than what this brand cost a year or so ago. Opening the first can, the coffee was about 2" below the top of the can.
Your darn lucky if you are getting 14 ounces of coffee in a can. I bought 3 cans of coffee which were on "sale" recently (a major brand which has been around since I was a kid) and the cans not only had 10.5 ounces of coffee (down from 11.5 ounces not all that long ago) and the sale price was more than what this brand cost a year or so ago. Opening the first can, the coffee was about 2" below the top of the can.
fourlocks wrote:
We all know food producers have been slowly reduci... (show quote)
Dec 20, 2023 23:05:50 #
Vince68 wrote:
Thats nothing new, it has been going on for quite ... (show quote)
We have at least one brand of ice cream in Texas that still gives you a full half-gallon for a reasonable price.
Aside from that, go to the coffee company and check their costs and expenses now vs a year ago. They are not trying to gouge anybody, nor are they being greedy. 99.9% of the time they are just trying to keep their noses above the water line. "[T]he coffee was about 2" below the top of the can" is why they stress they are selling by weight, not volume. Product settles during shipping.
Dec 23, 2023 20:40:42 #
HowManyPicturesHaveWeTaken
Loc: CO
That was a good article. There are boatloads of manufacturers that make too much money. When you net billions of dollars it's more like theft. Gosh darn yerself
Dec 24, 2023 19:23:27 #
clint f.
Loc: Priest Lake Idaho, Spokane Wa
HowManyPicturesHaveWeTaken wrote:
That was a good article. There are boatloads of manufacturers that make too much money. When you net billions of dollars it's more like theft. Gosh darn yerself
The stock dividends from these manufacturers are the source of your retirement if you have a pension, investments or mutual funds. How close to no “profit” do you want them to be? They have a fiduciary responsibility to run the business in such a way that there will be dividends for the owners- you and me- if we have invested directly or indirectly. Look at your retirement and see which of the companies you’d prefer to make no profit.
Dec 24, 2023 19:35:09 #
clint f. wrote:
The stock dividends from these manufacturers are the source of your retirement if you have a pension, investments or mutual funds. How close to no “profit” do you want them to be? They have a fiduciary responsibility to run the business in such a way that there will be dividends for the owners- you and me- if we have invested directly or indirectly. Look at your retirement and see which of the companies you’d prefer to make no profit.
Dec 25, 2023 08:56:55 #
fourlocks wrote:
We all know food producers have been slowly reduci... (show quote)
It’s called corporate greed, probably driven by the stock holders. Gotta make more in profits.
Dec 25, 2023 10:31:40 #
412mrg wrote:
It’s called corporate greed, probably driven by the stock holders. Gotta make more in profits.
You need to look up Milton Friedman's treatise on greed.
Dec 25, 2023 12:44:27 #
clint f.
Loc: Priest Lake Idaho, Spokane Wa
412mrg wrote:
It’s called corporate greed, probably driven by the stock holders. Gotta make more in profits.
If you’d prefer to invest your money with no return in the future please PM me. I promise to not hire any employees, pay any benefits, buy any raw materials, or produce any marketable or useful product. This way we won’t have to pay taxes for the local schools, build roads and bridges, fund services for people in need or keep the roads plowed. We won’t be burdened by record keeping or accountability. We will be able to avoid virtue signaling by donating to organizations for the disenfranchised. You have my e-mail, I’ll send an address to send your money.
Dec 25, 2023 14:58:09 #
clint f. wrote:
If you’d prefer to invest your money with no retur... (show quote)
Don't forget you won't have to invest in any of those nasty retirement plans. Also those nasty retirement plans can safely and confidently invest in your venture knowing they won't have to pay out any benefits to those greedy retirees who contributed nothing but their time, labor and talent to their greedy employers who thought only of disgusting profits.
Dec 25, 2023 15:02:30 #
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