package

Carlyle boss quit after failed request for $300mn pay package

Carlyle boss quit after failed request for $300mn pay package

Carlyle Group’s ousted chief executive Kewsong Lee asked for a pay package worth up to $300mn over five years and resigned from the US private equity group after its co-founders refused to even discuss the deal, multiple people with knowledge of the matter said. Lee crafted the deal during negotiations with his consultants and Carlyle …

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'Shrinkflation' accelerates globally as manufacturers quietly shrink package sizes

‘Shrinkflation’ accelerates globally as manufacturers quietly shrink package sizes

Bottles of Gatorade are pictured in Glenside, Pa. on Monday. PepsiCo recently began phasing out the 32-ounce Gatorade bottles in favor of 28-ounce ones, which are tapered in the middle to make it easier to hold them. The changeover has been in the works for years and isn’t related to the current economic climate, PepsiCo …

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No, you're not going crazy - package sizes are shrinking

No, you’re not going crazy – package sizes are shrinking

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In the U.S., a small box of Kleenex now has 60 tissues; a few months ago, it had 65. Chobani Flips …

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