Monday, February 21, 2011

Finally, someone is reporting on shrinking products!

I've been complaining about this one for a while now. Companies are downsizing... and not just when it comes to their employees. They're cutting back on the number or size of their products. My favorite sausage company increased the price a tad and went from 12 sausages in the box to 10. Since noticing that decrease, I have been watching and have just stopped buying certain products as I noticed their slight-of-hand.

I signed into one of my hotmail accounts today, closed out and ended up on the MSN news page. There, staring me in the face, was a story via Consumer Reports about shrinking products. Orange juice, hot dogs, toilet paper, etc.

Here's a link to the video story: http://www.bing.com/videos/watch/video/while-products-shrink-prices-don-t/6pi7oi0?rel=msn&src=v5:share:v5:share:permalink&from=sharepermalink-v5:share:permalink

By decreasing the number of items or size of their products companies have effectively increased prices by 10, 12 or more percent. They think they're fooling us... and in some cases, they are. Whether they shrink packages or content, or they increase prices, it's affecting our wallets.

So glad to see Consumer Reports digging into this one!

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