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Shrinkflation
In economics, shrinkflation, also known as the grocery shrink ray, deflation, or package downsizing, is the process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality, while their prices remain the same or increase. The word is a portmanteau of the words ''shrink'' and ''inflation''. First usage of the term "shrinkflation" with its current meaning has been attributed to the economist Pippa Malmgren, though the same term had been used earlier to refer to an economy shrinking while also suffering high inflation. Shrinkflation allows companies to increase their operating margin and profitability by reducing costs whilst maintaining sales volume, and is often used as an alternative to raising prices in line with inflation. Consumer protection groups are critical of the practice. Economic definition Shrinkflation is a rise in the general price level of goods per unit of weight or volume, brought about by a reduction in the weight or size ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coffee
Coffee is a drink prepared from roasted coffee beans. Darkly colored, bitter, and slightly acidic, coffee has a stimulant, stimulating effect on humans, primarily due to its caffeine content. It is the most popular hot drink in the world. Seeds of the ''Coffea'' plant's fruits are separated to produce unroasted green coffee beans. The beans are Coffee roasting, roasted and then ground into fine particles that are typically steeped in hot water before being filtered out, producing a cup of coffee. It is usually served hot, although chilled or iced coffee is common. Coffee can be prepared and presented in a variety of ways (e.g., espresso, French press, caffè latte, or already-brewed canned coffee). Sugar, sugar substitutes, milk, and cream are often used to mask the bitter taste or enhance the flavor. Though coffee is now a global commodity, it has a History of coffee, long history tied closely to food traditions around the Red Sea. The earliest credible evidence of coffee d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Express
The ''Daily Express'' is a national daily United Kingdom middle-market newspaper printed in tabloid format. Published in London, it is the flagship of Express Newspapers, owned by publisher Reach plc. It was first published as a broadsheet in 1900 by Sir Arthur Pearson. Its sister paper, the ''Sunday Express'', was launched in 1918. In June 2022, it had an average daily circulation of 201,608. The paper rose to become the largest circulation newspaper in the world under Lord Beaverbrook, going from 2 million in the 1930s to 4 million in the 1940s. It was acquired by Richard Desmond's company Northern & Shell in 2000. Hugh Whittow was the editor from February 2011 until he retired in March 2018. In February 2018 Trinity Mirror acquired the ''Daily Express'', and other publishing assets of Northern & Shell, in a deal worth £126.7 million. To coincide with the purchase the Trinity Mirror group changed the name of the company to ''Reach''. Hugh Whittow resigned as editor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heroes (confectionery)
Heroes (previously Cadbury's Miniature Heroes, and known as Favourites in Australia and New Zealand) is a brand of boxed/tinned confectionery currently manufactured by Cadbury. Introduced in September 1999, they were a response to rival Mars' Celebrations and contain miniature versions of various Cadbury chocolate bars. Heroes are most popular around holidays, such as Christmas, Halloween and Easter. Contents United Kingdom, the Isle of Man and Ireland * Fudge * Dairy Milk Caramel * Dairy Milk * Wispa (Added in 2015) * Twirl * Creme Egg Twisted (Added in 2009) * Eclair (Added in 2008) * Double Decker (Known as "Dinky Decker", added in 2019) * Crunchie (Originally as Crunchie Bite. Removed in 2008 but re-added in 2019 as Crunchie Bits) Previous selections included * Bournville (Added in 2008, removed in 2013) * Dairy Milk Whole Nut (Dairy Milk with added hazelnut in the centre. Added in 2002, removed in 2008) * Dream (Added in 2002, Removed in 2008) * Fuse (Removed in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cadbury Roses
Cadbury Roses are a selection of machine wrapped chocolates made by Cadbury. Introduced in the UK in 1938 (as a competitor to Quality Street launched by Mackintosh's in 1936), they were thought to be named after the English packaging equipment company "Rose Brothers" based in Gainsborough, Lincolnshire, that manufactured and supplied the machines that wrapped the chocolates. By 2020, an alternative origin of the name was given in a text panel printed on the side of tubs of Roses. It notes they were named after the favourite flowers of Dorothy Cadbury, a director of the company and renowned botanist, which grew in the gardens of the original factory at Bournville. Upon launch in Ireland they were called 'Cadbury's Irish Rose'; however, this name was discontinued in the 1970s. They are an extremely common gift on Mothering Sunday and sell well throughout the Christmas period. They are available in plastic tubs or boxes and in the UK, Isle of Man and Ireland currently contain 9 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cadbury Fingers
Fingers are a popular chocolate biscuit in the United Kingdom and Ireland which consists of a rod-shaped biscuit centre covered in chocolate. Fingers are produced at Burton's Biscuit Company in the United Kingdom and sold by Cadbury UK, and are distributed in markets around the world, including North and South America, Europe and Asia. Since March 2013, Cadbury Fingers have also been sold in Australia, with three different varieties available. Fingers are sold in rectangular boxes contained in a compartmented plastic tray sealed in cellophane. Double size boxes holding two trays are also available. Promotional boxes containing three trays are also available at times. Boxes contain an average of 24 fingers. The modern style of Cadbury Fingers was launched in 1951. However, a similar biscuit was first introduced in 1897 as part of a Cadbury biscuit assortment. As of late 2012, the Cadbury Fingers brand is worth £40 million and is the number one brand in the special treats biscuit s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birds Eye
Birds Eye is an American international brand of frozen foods owned by Conagra Brands in the United States, by Nomad Foods in Europe, and Simplot in Australia. The former Birds Eye Company Ltd., originally named "Birdseye Seafood, Inc." had been established in the United States by Clarence Birdseye in 1922 to market frozen fish, being then acquired by the Postum Cereal Company in 1929. The company was then owned by other firms such as Dean Foods and Pinnacle Foods, which was eventually taken over by Conagra Brands in 2018. Since then, Conagra has been managing rights to the Birds Eye brand in the U.S. History and production United States In the early 1900s, during his travels through what is now Northern Canada, Clarence Birdseye of Montclair, New Jersey, saw the Inuit use ice, wind, and temperature to instantly freeze freshly-caught fish. His curiosity piqued, and Clarence wondered if this method, called flash freezing, could also be applied to other foods. This 1920s hunting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Häagen-Dazs
Häagen-Dazs ( , ) is an American ice cream brand, established by Reuben and Rose Mattus in The Bronx, New York, in 1960. Starting with only three flavors: vanilla, chocolate, and coffee, the company opened its first retail store in Brooklyn, New York, on November 15, 1976. The company operates worldwide and also produces ice cream bars, ice cream cakes, sorbet, frozen yogurt, and gelato. History Häagen-Dazs's founder Reuben Mattus was born in Poland in 1912 to Jewish parents. His father died during the First World War, and his widowed mother migrated to New York City with her two children in 1921. They joined an uncle who was in the Italian lemon-ice business in Brooklyn. By the late 1920s, the family began making ice pops, and by 1929, chocolate-covered ice cream bars and sandwiches under the name Senator Frozen Products on Southern Boulevard in the South Bronx, delivering them with a horse-drawn wagon to neighborhood stores in the Bronx. The Senator Frozen Products company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yogurt
Yogurt (; , from tr, yoğurt, also spelled yoghurt, yogourt or yoghourt) is a food produced by bacterial Fermentation (food), fermentation of milk. The bacteria used to make yogurt are known as ''yogurt cultures''. Fermentation of sugars in the milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture (food), texture and characteristic tart flavor. Cow's milk is the milk most commonly used to make yogurt. Milk from water buffalo, goats, sheep, ewes, mares, camels, and yaks are also used to produce yogurt. The milk used may be Milk#Creaming and homogenization, homogenized or not. It may be pasteurized or raw milk, raw. Each type of milk produces substantially different results. Yogurt is produced using a culture of Lactobacillus delbrueckii subsp. bulgaricus, ''Lactobacillus delbrueckii'' subsp. ''bulgaricus'' and ''Streptococcus thermophilus'' bacteria. In addition, other Lactobacillus, lactobacilli and Bifidobacterium, bifidobacteria a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dannon
Danone S.A. () is a French multinational food-products corporation based in Paris. It was founded in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States. As of 2018, Danone sold products in 120 markets, and had sales in 2018 of €24.65 billion. In the first half of 2018, 29% of sales came from specialized nutritional preparations, 19% came from branded bottled water, and 52% came from dairy and plant-based products (including yogurt). History Name Danone was founded by Isaac Carasso (born İzak Karasu), a Salonica-born Sephardic Jewish physician from the Ottoman Empire, who began producing yogurt in Barcelona, Spain in 1919. The brand was named Danone, which translates to "little Daniel", after his son Daniel Carasso. In 1929, Isaac Carasso moved the company from Spain to France, opening a plant in Paris. In 1942, Daniel Carasso moved the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Mirror
The ''Daily Mirror'' is a British national daily tabloid. Founded in 1903, it is owned by parent company Reach plc. From 1985 to 1987, and from 1997 to 2002, the title on its masthead was simply ''The Mirror''. It had an average daily print circulation of 716,923 in December 2016, dropping to 587,803 the following year. Its Sunday sister paper is the '' Sunday Mirror''. Unlike other major British tabloids such as '' The Sun'' and the '' Daily Mail'', the ''Mirror'' has no separate Scottish edition; this function is performed by the '' Daily Record'' and the '' Sunday Mail'', which incorporate certain stories from the ''Mirror'' that are of Scottish significance. Originally pitched to the middle-class reader, it was converted into a working-class newspaper after 1934, in order to reach a larger audience. It was founded by Alfred Harmsworth, who sold it to his brother Harold Harmsworth (from 1914 Lord Rothermere) in 1913. In 1963 a restructuring of the media interests of the Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
