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Multi-million-dollar penalties for supermarkets that practice shrinkflation: Explainer 04 Oct

HOUSEHOLD SHOPPING STOCK

A generic image showing household shopping items, Sydney, Monday, April 25, 2016 . (AAP Image/Sam Mooy) NO ARCHIVING Credit: SAM MOOY/AAPIMAGE

Supermarkets have been put on notice over a practice known as "shrinkflation".. which is a practice that is rife in the industry.. and is when a product is downsized.. but the price.. remains the same.. or even increases. To combat the tactic - the government is now seeking to introduce new penalties for those supermarkets - doing the wrong thing. Listen to SBS Sinhala explainer for more information.


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By Nipuna Dodangoda, Dijana Damjanovic

Source: SBS




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Supermarkets have been put on notice over a practice known as "shrinkflation".. which is a practice that is rife in the industry.. and is when a product is downsized.. but the price.. remains the same.. or even increases. To combat the tactic - the government is now seeking to introduce new penalties for those supermarkets - doing the wrong thing. Listen to SBS Sinhala explainer for more information.



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