PepsiCo increases Tostitos and Ruffles chip quantity by 20% to combat "shrinkflation" and revenue declines.

PepsiCo will increase the amount of chips in select Tostitos and Ruffles bags by 20% to address consumer complaints about "shrinkflation," the practice of reducing product sizes while keeping prices stable. This decision follows revenue declines as consumers turn to cheaper private-label options. The "bonus" bags will be sold at the same retail price as standard versions, though some experts view this as a temporary promotion rather than a permanent solution.

October 21, 2024
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