Price hikes pushing consumers to abandon their favorite brands
www.denver7.com
Prices are up — and so is brand-switching. New data shows 60% of shoppers ditched a loyal brand this year. Are you one of them?
  • tal@lemmy.todayEnglish
    11·
    24 days ago

    The breaking point? A price jump of 16%.

    When shoppers do make the switch, groceries are the first to go with 76% dropping a brand they were previously loyal to

    I guess that’s why shrinkflation is such a thing specifically with food.