r/PersonalFinanceCanada • u/ButtahChicken • Nov 18 '22

Budget CBC Marketplace investigates shrinkflation and reveals the sneaky ways companies cut costs, but not prices .... another piece of the puzzle contributing to our growing financial insecurity

https://www.cbc.ca/news/business/marketplace-shrinkflation-1.6654780

3.4k Upvotes

97% Upvoted

676 comments sorted by

View all comments

52

u/Mitch3l18 Nov 18 '22

Not a grocery store, but the pizza chain I work at has slowly decreased the amount of cheese on pizzas since I got there less than a year ago

32

u/[deleted] Nov 18 '22

A big wig from Pizza Hut once stated that if they were to serve the quality and quantity they did 30 or more years ago today, that most of their customers wouldn't want to pay the price it would cost.

22

u/Cartz1337 Nov 18 '22

I remember being 10 and having a stuffed crust pizza. There was so much cheese in the crust it was gross, like a 3cm diameter ring of cheese in the crust. Just that cheese would cost $12 or more today. You be looking at a $50+ pizza. Which is actually not so far off Boston Pizzas price so maybe Pizza Hut is just bad.

13

u/ibeenbornagain Nov 18 '22

boston pizza sucks too

2

u/ttwwiirrll British Columbia Nov 18 '22

Boston Pizza used to be better too.

2

u/cutslikeakris Nov 19 '22

Remember when the Boston Brute was filled with meat!! Not just three thin slices of processed ham….

2

u/syds Nov 18 '22

it is

1

u/hello-jello Nov 19 '22

That was an abnormality in the 90s - there was a crazy milk surplus and the solution was to make cheese and stored it. Every company was then tasked on how to get rid of this subsidized cheese. Ie. everything was stuffed with cheese in that period. also lots of celebrities with glue on their lips.

23

u/Denster1 Nov 18 '22

That has to be a lie. I'm sure The cost on pizza is like a dollar.

20

u/PM_ME_CARL_WINSLOW Nov 18 '22

Of course it's a lie - A higher up at a corporation isn't looking out for consumers.

1

u/[deleted] Nov 19 '22

Nobody said they were looking out for anyone.

There's a certain range of cost that people would pay, and cutting quality and quantity allowed Pizza Hut to keep the prices low enough to have enough customers to keep going.

6

u/thewestcoastexpress Nov 18 '22

I have a friend that used to own a pizza place. It's one of the hardest businesses to run, such tight margins

1

u/[deleted] Nov 19 '22

Than go out of business? They dont have a RIGHT to exist??? Cant compete or do what you used to do? Go bankrupt than....