{"id":115086,"date":"2024-10-17T07:02:46","date_gmt":"2024-10-17T00:02:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=115086"},"modified":"2024-10-17T07:02:46","modified_gmt":"2024-10-17T00:02:46","slug":"pepsico-adding-more-chips-to-bags-following-shrinkflation-complaints","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=115086","title":{"rendered":"PepsiCo adding more chips to bags following &#8216;shrinkflation&#8217; complaints"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Jack Otter and the \u2018Barron\u2019s Roundtable\u2019 panelists discuss the reasons that Pepsi\u2019s stock is being affected.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/pepsico\" target=\"_blank\" rel=\"noopener\">PepsiCo says<\/a> it is boosting the volume of some of its packages of chips, after being accused last year of &#8220;shrinkflation,&#8221; or reducing the size of products without lowering the price.<\/p>\n<p>In the company&#8217;s earnings call last week, PepsiCo CEO Ramon Laguarta said the <a href=\"https:\/\/www.foxbusiness.com\/category\/food-drinks\" target=\"_blank\" rel=\"noopener\">food and beverage<\/a> giant would be offering bonus packs of Tostitos containing 20% more chips, and will also be throwing two or three more bags of Doritos into multipacks as a way to add value for consumers.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/343\/192\/chips.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/686\/384\/chips.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/672\/378\/chips.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1344\/756\/chips.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/931\/523\/chips.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1862\/1046\/chips.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/720\/405\/chips.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1440\/810\/chips.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/931\/523\/chips.jpg?ve=1&amp;tl=1\" alt=\"Lay's chips on store shelves\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>PepsiCo said it will be adding more volume to some chip bags to add value for consumers.<\/span><span> (Jeffrey Greenberg\/Universal Images Group via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>The move comes after Pepsi reported a surprise drop in revenue in the third quarter and <a href=\"https:\/\/www.foxbusiness.com\/markets\/pepsico-lowers-annual-revenue-forecast-softer-demand-geopolitical-tensions-weigh\" target=\"_blank\" rel=\"noopener\">cut its annual forecast<\/a> as consumers in North America limit their spending on sodas and savory snacks, while opting for cheaper private-label brands.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/shrinkflation-dupes-customers-companies-seek-profits-inflation-spike\" target=\"_blank\" rel=\"noopener\"><strong>\u2018SHRINKFLATION\u2019 DUPES CUSTOMERS AS COMPANIES SEEK PROFITS DURING INFLATION SPIKE<\/strong><\/a><\/p>\n<p>&#8220;The cumulative impacts of inflationary pressures and higher borrowing costs over the last few years have continued to impact consumer budgets and spending patterns,&#8221; Laguarta said.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/343\/192\/frito-lay.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/686\/384\/frito-lay.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/672\/378\/frito-lay.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/1344\/756\/frito-lay.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/931\/523\/frito-lay.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/1862\/1046\/frito-lay.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/720\/405\/frito-lay.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/1440\/810\/frito-lay.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/07\/931\/523\/frito-lay.jpg?ve=1&amp;tl=1\" alt=\"Frito-Lay\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>PepsiCo Lays brand chips are seen for sale at a Dollar General department store in Simpsonville, Kentucky, on Aug. 12, 2021.\u00a0<\/span><span> (Luke Sharrett\/Bloomberg via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Pepsi, which owns several snack brands including Frito-Lay, was called out <a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/supermarket-adds-shrinkflation-warnings-over-dozen-products\" target=\"_blank\" rel=\"noopener\">last year<\/a> by French supermarket chain Carrefour for cutting the volume of some products while raising prices.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/video\/6310139119112\" target=\"_blank\" rel=\"noopener\"><strong>INFLATION LEADS TO SHRINKFLATION<\/strong><\/a><\/p>\n<p>Carrefour said a bottle of sugar-free peach-flavored\u00a0Lipton Ice Tea, produced by PepsiCo, shrank from 1.5 liters to 1.25 liters. Meanwhile, there was a 40% increase in the price per liter.\u00a0<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=PEP\">PEP<\/a><\/td>\n<td class=\"security\">PEPSICO INC.<\/td>\n<td class=\"last\">174.48<\/td>\n<td class=\"change neg\">-1.42<\/td>\n<td class=\"percent neg\">\n        -0.81%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>Carrefour added price warnings on several food products in an effort to pressure manufacturers to reduce their prices.<\/p>\n<p>FOX Business reached out to PepsiCo for comment.<\/p>\n<p><i>FOX Business&#8217; Daniella Genovese and Reuters contributed to this report.<\/i><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/pepsico-adding-more-chips-bags-following-shrinkflation-complaints\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jack Otter and the \u2018Barron\u2019s Roundtable\u2019 panelists discuss the reasons that Pepsi\u2019s stock is being affected. PepsiCo says it is boosting the volume of some of its packages of chips, &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=115086\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-115086","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/115086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115086"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/115086\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}