Here are some tips to help you avoid paying more for less at the grocery store.
You may have noticed higher prices at the grocery stores these days, but have you noticed items priced the same but with less food in the package? According to a story by Global News, food makers are known to shrink package sizes (or the amount of food in the package) to manage rising costs while keeping prices the same. It’s a retail strategy known as “shrinkflation”.
Shrinkflation: how to avoid paying more for less at the grocery store
1. Don’t buy purely because of a certain brand or familiar look. Consider branching out so you can seek out the best bang for your buck.
2. Compare unit prices. The food and other products you buy at the grocery are typically measured in standard units like grams. A unit price is simply the item’s price converted to cost per unit. Seek out the best deal based on the unit price.
3. Learn more tips and tricks for saving money at the grocery store. Check out some of our other blogs on this topic to help you seek out additional savings:
- How to get organized before you go grocery shopping
- How to find the best deals and save money at the grocery store
Did we miss anything? What are some ways you save money and navigate rising prices at the grocery store? Share your ideas in the comments.
Did you like this? You might like these posts too!
Top 5 tips for ordering your groceries online
5 things to consider before you sign up for a meal kit service
The savvy shopper’s guide to groceries – Part 1
The savvy shopper’s guide to groceries – Part 2
About Consumer Protection BC
We are responsible for regulating specific industries and certain consumer transactions in British Columbia. If your concern is captured under the laws we enforce, we will use the tools at our disposal to assist you. If we can’t help you directly, we will be happy to provide you with as much information as possible. Depending on your concern, another organization may be the ones to speak to; other times, court or legal assistance may be the best option. Explore our website at www.consumerprotectionbc.ca.
1 thought on “Shrinkflation: how to avoid paying more for less at the grocery store”
I could swear my lipstick is smaller!
Chewing gum pieces are like 1/2 the size.