The new reality for big food stocks: Shrinkflation, upset shoppers, and excessive meat sticks
Published On Oct 13, 2024, 8:30 AM
Big food companies are facing significant challenges, including shrinkflation (reducing product sizes without changing prices), increasingly dissatisfied customers, and maintaining prices amid economic pressures. Consumers are becoming more vocal about these issues, leading to possible long-term reputational damage for some brands. The article discusses how companies are adjusting their strategies to cope with these challenges, potentially affecting their profitability and stock performance.