France asks retailers to alert customers to cases of 'shrinkflation'
Time:2024-04-20 05:18:22 Source:styleViews(143)
PARIS (AP) — The French government announced a new rule on Friday that will require stores to tell customers when a product becomes smaller but its price stays the same or increases, a practice known as ‘’ shrinkflation. ''
Finance Minister Bruno Le Maire announced the measure to tackle the common but often criticized method, which has become an international buzzword. He said that from July 1, such cases will need to be clearly communicated to shoppers.
Le Maire called shrinkflation a “scam” and stressed the importance of transparency. “Consumers must understand the real price evolution of products when their sizes change,” he said in a statement.
Retailers at medium to large supermarkets will have to display specific information about the price per unit and any changes in quantity next to the affected products. It must be visible as signs on store shelves for two months following any changes to a product. This requirement applies to a wide range of goods, including food and household items. The Finance Ministry said there would be exceptions for unpackaged food items and bulk goods.
Previous:Jimmy Carr sparks speculation he may have become a father for the second time
Next:Jeezy BACKTRACKS on request for full custody of daughter Monaco, two, amid Jeannie Mai divorce
You may also like
- Angel Reese gushes over Caitlin Clark as she put rivalries aside at last week's WNBA Draft
- Pictured: The railway in Britain that's Europe's shortest line
- Advocates attack removal of climate change from government's draft transport policy
- Perfect respite from eight million mopeds and motorbikes: Inside the Park Hyatt Saigon
- Has Salman Rushdie changed after his stabbing? Well, he feels about 25, the author tells AP
- I'm American visiting the UK
- I'm a cruise ship worker
- I'm a chef living on a superyacht
- Texas spring signals time for Ewers to slow down and enjoy football in 2024 before NFL draft