PepsiCo Chips In
Over the last few years, you’ve noticed that your kid’s sports drinks have fewer ounces than they used to have, your pill bottles don’t last a full year anymore, and your grocery bags are much lighter even with the same order.
That’s all thanks to shrinkflation, the term used when companies sneakily shrink the amount of product you’re getting while keeping prices the same — or raising them. It’s a frustrating fact of life, but one company just announced that it’s reversing the shrinkflation it has subjected us to when we buy bags of chips and snacks. Here’s what PepsiCo is doing to atone for its shrinkflation sins.