Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Friday, June 17, 2022

Stop Shrinking My Food!!! (the continuing saga)

As an investor, I understand that companies are squeezed with inflation too, and many are reluctant to raise prices as their costs go up, because they're afraid consumers will stop buying their products.  But consumers aren't stupid, and many realize that their packages are smaller (and the prices went up anyway).  Shrinking product sizes now, when you've been shrinking product sizes for years is adding insult to injury, and I want it to stop.


124 Of The Worst Examples Of “Shrinkflation” Shared In This Online Group




Friday, February 4, 2011

The original reason the Aspen Skiing Company will never see another penny of revenue from me

When I moved to Colorado in 2001, I was advised to purchase a "Classic Pass" from the Aspen Skiing Company.  At that time, their four-day pass cost $99.  This season, they offer the Classic Pass only in a five-day version for a price of $259.

If that seems like a big price increase, it is.  The average per-day rate jumped from $24.75 to $51.80 - and increase of 109%

During that same time period, the Consumer Price Index (CPI), or inflation rate, increased by 23%.

Why is the Aspen Skiing Company raising prices at nearly five times the rate of inflation?

When they jack up prices so high that the choice is between a day of skiing and buying a week's worth of groceries, I'm opting for the groceries.