Shrinkflation Upsets Grannies

"Baking is indeed a science that needs precise measurements and consistency. Many home bakers, like Judith, find it disheartening to see decades-old cherished recipes forever changed by corporate decisions..."

#Greed #Shrinkflation #BettyCrocker
#Cake #Food

https://www.yahoo.com/lifestyle/articles/70-old-beloved-boxed-mix-183000616.html

The 70-Year-Old Beloved Boxed Mix Grandmas Won’t Be Buying Anymore

"It's just so upsetting."

Yahoo Life
@SnowyCA The Vanguard Group own the most shares, and have the biggest seat at the corporate table of General Mills, who own Crocker. Then it is Black Rock and State Street Global Advisors. They want as much return as possible. Screw grandma.

@paul
I wasn't aware of the connections--thanks for the info, Paul. : )

"They want as much return as possible. Screw grandma."

Yes, that's what's so aggravating, even food is profit over people!

@SnowyCA 86% of the company is owned by institutional investors, even though it is a public company. Those people pull the strings. They want return on investment, not stable brand, a good product and happy customers.

@paul

Companies always think only of the investors, and board members their bonuses.

Too few corporations own most food manufacturing in the world.