{"id":238281,"date":"2023-10-10T00:56:25","date_gmt":"2023-10-10T00:56:25","guid":{"rendered":"https:\/\/lovemainstream.com\/?p=238281"},"modified":"2023-10-10T00:56:25","modified_gmt":"2023-10-10T00:56:25","slug":"shoppers-are-sick-of-retailer-scams-research-shows","status":"publish","type":"post","link":"https:\/\/lovemainstream.com\/world-news\/shoppers-are-sick-of-retailer-scams-research-shows\/","title":{"rendered":"Shoppers are sick of retailer scams, research shows"},"content":{"rendered":"<h2>Shoppers are sick of retailer scams including shrinkflation, bogus loyalty card savings and variable prices, research shows<\/h2>\n<ul>\n<li><strong>Research found that 67 per cent believed supermarkets inflated regular prices<\/strong><\/li>\n<\/ul>\n<p>Shoppers are fed up with retailers&#8217; price scams, such as shrinkflation, bogus loyalty card savings and variable prices, research shows.<\/p>\n<p>Most believe supermarkets, manufacturers, pubs and other firms use underhand tactics to thwart their efforts to save money and make ends meet.<\/p>\n<p>Two in three shoppers say shrinkflation \u2013 when an item&#8217;s weight falls but the price doesn&#8217;t \u2013 has become so common that stores should put warning labels on products that become smaller but not cheaper.<\/p>\n<p>French ministers have described the tactic as a &#8216;swindle&#8217;, and some French supermarkets use orange labels to identify such products.<\/p>\n<p>Millions have turned to supermarket loyalty cards in the belief that they will help them put food on the table more affordably.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/09\/21\/76352753-0-image-a-63_1696882344706.jpg\" height=\"429\" width=\"634\"><\/p>\n<p>Two in three shoppers say shrinkflation has become so common that stores should put warning labels on products that become smaller but not cheaper (File Photo)<\/p>\n<p>But the research by Barclaycard found that 67 per cent believed supermarkets inflated regular prices to make loyalty card savings look a better deal.<\/p>\n<p>Recent research by the consumer group Which? found that Tesco and Sainsbury&#8217;s appeared to be increasing the price of household essentials before offering what look like big reductions for loyalty cards.<\/p>\n<p>Its allegations covered a wide range of products from brands such as Nescafe, Heinz, Andrex, Persil, Cadbury, Quaker and Peroni.<\/p>\n<p>Meanwhile, 47 per cent of shoppers said they had noticed more &#8216;surge pricing&#8217;, in which companies raise the prices of products and services during busy periods.<\/p>\n<p>Of those, 32 per cent said they had seen an increase in the price of food and drink in pubs and bars at peak times such as evenings, weekends and major sports events.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/09\/21\/76352361-0-image-a-53_1696881825897.jpg\" height=\"464\" width=\"634\"><\/p>\n<p>Research by Barclaycard found that 67 per cent believed supermarkets inflated regular prices to make loyalty card savings look a better deal\u00a0(File Photo)<\/p>\n<p>Britain&#8217;s biggest pub firm, the Stonegate Group, which owns the Slug &amp; Lettuce and Yates&#8217;s chains, has raised prices at 800 venues during peak times, raising the price of a pint by 20p in the busiest periods in what it calls &#8216;dynamic pricing&#8217;.<\/p>\n<p>Barclaycard found that only 8 per cent were willing to pay more to eat and drink out at popular times \u2013 however, the card company said some shoppers were seeking escape from austerity with a few treats.<\/p>\n<p>Health and beauty store sales rose by 6.9 per cent in the past month, possibly due to the &#8216;lipstick effect&#8217;, in which &#8216;consumers prioritise small indulgences, such as cosmetics and self-care products, over big-ticket items during periods of economic uncertainty&#8217;.<\/p>\n<p>Barclays director Esme Harwood said: &#8216;Eagle-eyed shoppers have spotted more examples of surge pricing and shrinkflation, and are becoming sceptical about the value of supermarket loyalty schemes.&#8217;<\/p>\n<p>The research comes as it emerged that retail sales growth slowed last month as consumers limited their spending. It was the 26th month of continuous online sales decline.<\/p>\n<p>UK retail sales limped to a 2.7 per cent increase in September despite lower inflation \u2013 well below the 12-month average of 4.2 per cent, the British Retail Consortium-KPMG Retail Sales Monitor found.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12612165\/Shoppers-retailer-scams-shrinkflation-loyalty-card-savings-prices-research.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shoppers are sick of retailer scams including shrinkflation, bogus loyalty card savings and variable prices, research shows Research found that 67 per cent believed supermarkets inflated regular prices Shoppers are&hellip;<\/p>\n","protected":false},"author":2,"featured_media":238280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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