Big consumer companies cut costs, Wall Street wants bolder steps

Comments (3)
chuck2 wrote:

Perhaps the “issue” with The major brand products” is simply greed and the public is fed up with being ripped off. Note soup cans now down where two needed for family of four. Potato chips and related, to include cereals are now mainly inflated bags of goods that contain around half as much as past years, Coffee and others are now going down from lb/can to 7/8 or worse, same for soap as the bars are shrinking to hotel size of 10 years back. Just about anything that used to be lb, cans of 8 ozs, or gal, even 5/10lbs potatoes now going 4/8. NOTED NONE have lowered prices. So suggest someone fire their “clever marketers” and go back to previous sizes, THEN your sales will go back, rather then what in truth is 20% plus inflation due “resize”. American public getting very fed up with your rip offs.
Way past time media start hammering the companies on this 20% plus inflation that none in government will discuss as might impact COLA, etc.and most elected never shop as it seems for most editors.

Feb 23, 2014 11:53pm EST  --  Report as abuse
UScitizentoo wrote:

Greed street won’t be happy until the workers are paid 1 dollar per hour and the CEO is making a billion dollars per year. Welcome to FASCISM USA, corporations today corporations tomorrow corporations forever.

Feb 24, 2014 2:33am EST  --  Report as abuse
111Dave111 wrote:

“Investors flocked to packaged food stocks last year, hoping to benefit from dividend increases and potential takeovers” and
the anti-competitive conglomerates don’t do as well as
well-picked, small, Innovative food producers,
that a good food stock analyst needs to FIND to earn his six-figure salary.

Feb 24, 2014 9:40am EST  --  Report as abuse
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