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Search resuls for: "Edgar Dworsky"


9 mentions found


☆ Biden Targets a New Economic Villain: Shrinkflation
  + stars: | 2024-02-26 | by ( Jim Tankersley | ) www.nytimes.com   time to read: +1 min
“I’ve had enough of what they call shrinkflation,” Mr. Biden declared. The video lit up social media and delighted a consumer advocate named Edgar Dworsky, who has studied “shrinkflation” trends for more than a decade. He has twice briefed Mr. Biden’s economic aides, first in early 2023 and again a few days before the video aired. The second clearly informed Mr. Biden’s new favorite economic argument — that companies have used a rapid run-up in prices to pad their pockets by keeping those prices high while giving consumers less. The products arrayed in the president’s video, like Oreos and Wheat Thins, were all examples of the shrinkflation that Mr. Dworsky had documented on his Consumer World website.
Persons: Biden, “ I’ve, Mr, Edgar Dworsky, Biden’s, Dworsky Organizations: Super, Sunday
☆ Sweet & Sour: Here’s why Valentine’s Day candy is so expensive
  + stars: | 2024-02-13 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com   time to read: +4 min
For example, she said a Valentine’s Day-themed heart-shaped box of Sour Patch Kids candy (3.45 oz) was listed on Walmart.com for $3.96 ($1.15 oz), while a regular box of the candy (3.5 oz) costs $1.24 ($0.35/oz). Walmart said it was looking into the price differences, but said some of the Valentine’s Day candy items on its website are listed by third-party sellers on Walmart marketplace. A Walmart supercenter in New Jersey visted by CNN also had the heart-shaped Sour Patch Kids candy box for $3.96 on the shelf. Some Sour Patch Kids Valentine's Day editions cost much more than the regular versions of the candy for roughly the same quantity. “Buy the candy after Valentine’s Day when it’s heavily discounted or buy the regular cheaper version of the candy and package it yourself,” he said.
Persons: don’t, Jolly, Veronica Fletcher, Fletcher, Goldbears, ”, Edgar Dworsky, “, John Talbott, ” Talbott, it’s Organizations: New, New York CNN, Walmart, Bears, CNN, New Jersey visted, CVS, Center for Education, Research, Indiana University’s Kelley School of Business Locations: New York, New York City, New Jersey, Massachusetts, Retail
☆ Biden calls on snack makers to stop 'shrinkflation' rip-offs. Here's how to spot downsized grocery store products
  + stars: | 2024-02-12 | by ( Lorie Konish | ) www.cnbc.com   time to read: +3 min
The phenomenon called shrinkflation — where consumer products become smaller in quantity, size or weight while their prices stay the same or increase — is a "rip off," Biden said. "Some companies are trying to pull a fast one by shrinking the products little by little and hoping you won't notice," said Biden, who called for the companies to put a stop to the practice. These tactics tend to become more prevalent during times of high inflation, Dworsky said. "This corporate greed is one of the reasons that Americans are frustrated by expensive grocery bills," Casey said in a December statement. "I'm hoping with inflation subsiding a little bit that we'll see fewer examples, but it's never going to go away," Dworsky said.
Persons: Anna Bizon, Joe Biden, Biden, Edgar Dworsky, Dworsky, Sen, Bob Casey, Casey, it's, shrinkflation Organizations: Getty, Finance, shrinkflation, U.S . Bureau of Labor Statistics Locations: TikTok, Washington, shrinkflation
☆ Reese's $25,000 Promotion May Violate Sweepstakes Laws
  + stars: | 2023-10-16 | by ( Associated Press | Oct. | At P.M. | ) www.usnews.com   time to read: +2 min
Reese’s may be in violation of state and federal laws with its new sweepstakes offer currently advertised on packs of peanut butter cups. Sweepstakes are primarily governed by state laws, which require that no purchase is necessary to participate. Political Cartoons View All 1211 ImagesThree federal agencies — Federal Trade Commission, the Federal Communications Commission and the U.S. Postal Service — also enforce laws governing sweepstakes depending on the medium. The Postal Service requires mailed sweepstakes offers to make clear that no purchase is necessary, for example.
Persons: Edgar Dworsky, didn’t, —, Dworsky, Reese's, “ Organizations: Hershey Co, Associated Press, — Federal Trade Commission, Federal Communications Commission, U.S . Postal, Postal, FTC, Hershey Locations: Massachusetts, Pennsylvania, California, Virginia, Washington
☆ 'We all have to pay more attention to the fine print': consumer advocate Edgar Dworsky on 'shrinkflation'
  + stars: | 2023-08-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We all have to pay more attention to the fine print': consumer advocate Edgar Dworsky on 'shrinkflation'Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Edgar Dworsky, Brian Sullivan, “ Organizations: CNBC
☆ Kroger will stop mailing weekly grocery advertisements in newspapers
  + stars: | 2023-05-02 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
Atlanta CNN —Kroger, the largest grocery chain in the United States, is ditching its long-running weekly newspaper ad circulars announcing the latest grocery specials. The ads for Kroger (KR) stores and subsidiaries, including Ralphs, Fred Meyer and King Soopers, will shift online. “Kroger is joining many retailers in shifting the way our weekly ads are distributed,” a spokesperson told CNN. The move could deal a blow to shoppers who plan their store trips based on weekly newspaper ads. Some companies, such as Walgreens (WBA), stopped printing coupon catalogs and moved their weekly advertisements online.
☆ Valentine's Day chocolate boxes look big, but have more plastic than ever
  + stars: | 2023-02-14 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +5 min
Dworsky said his research shows the over-sized boxes deceive consumers into believing there’s more chocolate inside when there isn’t. Dworsky bought a 9.3-inches wide and 10-inches high Whitman's Sampler heart-shaped chocolate box, with 11 pieces of chocolate inside. Dworsky said a reader alerted him to the chocolate boxes a few days ago and sent him evidence of a heart-shaped Whitman’s chocolate sampler box. Swiss chocolate company Lindt & Sprüngli, which owns Russell Stover, Whitman’s and Ghirardelli brands, referred requests for comment to Russell Stover Chocolates. He said Dworsky had reached about to him about his most report looking at the Russell Stover and Whitman’s chocolate candy boxes.
☆ Overpacking, shrinkflation may mean you get less for your money for Valentine's Day gifts this year
  + stars: | 2023-02-11 | by ( Lorie Konish | ) www.cnbc.com   time to read: +1 min
That heart-shaped box of chocolates may be only half full this Valentine's Day. The issue was brought to Dworsky's attention this week when a reader who bought a box of chocolates wrote to express his outrage about the contents. Upon further investigation, Dworsky found Russell Stover and Whitman's Sampler chocolates, which sell for around $7.99, only contained between nine and 11 candy pieces, in the 9-inch-by-10-inch-size box. That leaves about two-thirds of the box seemingly empty, according to Dworsky. Whitman's and Russell Stover brands are sold by the Russell Stover Chocolates company, which did not immediately respond to a request for comment.
☆ How to be a smart holiday shopper
  + stars: | 2022-10-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +4 min
New York CNN Business —It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas trees, turning on the holiday music and dangling sales from now until January. Soon will come way-too-early Black Friday promotions weeks before the actual shopping holiday, then the December-long sales events and post-holiday clearance deals. Shopping smart may feel more challenging in this environment, but retail analysts and researchers have tips for deciding when and what to buy. Many major stores have extended their holiday price match policies to cover a longer time period. So make sure to be a smart shopper even after you buy.
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