BusinessPostCorner.com
No Result
View All Result
Saturday, May 24, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Shrinkflation: Ritz reduces content by 30% but price remains same

May 17, 2024
in Business
Reading Time: 1 min read
A A
0
Shrinkflation: Ritz reduces content by 30% but price remains same
ShareShareShareShareShare

A spokesperson for Mondelez International confirmed the size change to the BBC.

“We understand the economic pressures that consumers continue to face and any changes to our product sizes is a last resort for our business,” they said, adding that the food producer is experiencing “significantly higher input costs” across its supply chain as ingredients cost far more than they had previously.

It added that costs for energy, packaging and transport remain high.

Global inflation – the rate at which prices rise – has come down from its peaks last year but continues to squeeze household budgets and raise operational costs for many businesses. Meanwhile, elevated energy costs have also meant rising business costs are passed on to consumers either in the form of less product for the same price, or a more expensive product overall.

“As a result of this difficult environment, we have had to make the decision to reduce the weight of some of our products, so that we can keep them competitive, and not compromise on the great taste and quality that our fans enjoy,” the spokesperson added.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Boeing boss’s $33m pay package approved

Next Post

The race for an AI-powered personal assistant

Next Post
The race for an AI-powered personal assistant

The race for an AI-powered personal assistant

Markers in blood and urine may reveal how much ultra-processed food we are eating

Markers in blood and urine may reveal how much ultra-processed food we are eating

May 20, 2025
VeChain Appoints Former IBM and Deloitte Blockchain Exec as Marketing Director

VeChain Appoints Former IBM and Deloitte Blockchain Exec as Marketing Director

May 23, 2025
Honda walks back EV investment, sales targets on poor demand

Honda walks back EV investment, sales targets on poor demand

May 20, 2025
Judge Torres Shatters SEC-Ripple Deal, Stirring Turmoil in Crypto Regulation

Judge Torres Shatters SEC-Ripple Deal, Stirring Turmoil in Crypto Regulation

May 19, 2025
Cardano Audit Probes 0M ADA Gap – Was Treasury Looted?

Cardano Audit Probes $600M ADA Gap – Was Treasury Looted?

May 19, 2025
BBC reporter on talking to the hackers

BBC reporter on talking to the hackers

May 18, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

There’s a ‘buyer’s strike’ on U.S. assets as foreign investors can’t stomach huge deficits anymore, analyst warns

There’s a ‘buyer’s strike’ on U.S. assets as foreign investors can’t stomach huge deficits anymore, analyst warns

May 24, 2025
Snoop Dogg says ‘adversity is like the gym for your soul’ and offers 3 pieces of advice for USC business school grads

Snoop Dogg says ‘adversity is like the gym for your soul’ and offers 3 pieces of advice for USC business school grads

May 24, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!