business / news / / The Sun U.S Edition
The practice, known as shrinkflation, has been seen with items sold across major retailers, including Target and Walmart.
Average families spend $741 more annually on groceries than in 2020, with $41 due to shrinkflation.
KEY POINTS
- Coca-Cola's 7.05oz mini cans now cost 126% more per ounce than a 2-liter bottle.
- A 15.5oz Doritos bag cost $5.99 in 2022; in 2023, a 14.4oz bag cost $6.69.
- Kellogg’s Frosted Flakes shrank from 24oz ($3.98) in 2022 to 21.7oz ($5.48) in 2024.
COMPANIES
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