Latest news with #shrimpflation
Daily Mail
23-07-2025
- Business
- Daily Mail
Walmart employee claims price of shrimp doubled overnight
By A Walmart employee was stunned to see the price of shrimp double overnight. When the worker shared a photo on Reddit — showing a jump from $4.98 to $9.99 — it quickly went viral. Commenters dubbed it a case of 'shrimpflation,' blaming recent tariffs imposed by President Donald Trump. 'I don't really get into politics but I know whatever is going on is screwed up,' the South Carolina-based worker wrote. Several shoppers claimed tariffs and 'corporate greed' were the key players behind the unbelievable price rise. Others claimed the cost rose because it's the 'start of shrimp season,' and that the price tag has not risen in all of the chain's 10,000+ stores. Price fears were highly talked about for months after Walmart CEO Doug McMillon sounded the alarm on grocery prices last year. Things got worse in the months to follow, and employees went viral for leaking photos of price changes after tariffs forced Walmart to raise product costs . Walmart and Target executives had issued a tariff warning a month before the price hikes became a reality. 'We had a productive meeting with President Trump and his team and appreciated the opportunity to share our insights,' Walmart said of the meeting. The meeting may not have been as useful in the eyes of shoppers who caught a peek of the dreaded price hikes in May. Employees in a string of Reddit posts showed the cost of popular items jumped as much as 80%. Some of the employees' photos included a $3.44 can of Great Value cocoa powder that rose to $6.18 and a $49.97 Hasbro-brand baby doll that used to cost $34.97. The warnings grew drastically last month, and some employees claimed over 15,000 items were repriced in a single store . Workers who aren't thrilled about the price changes may have been the lucky ones since tariffs were a factor in Walmart's decision to slash 1,500 US jobs . Chaos erupted in May after a Target employee posted a photo of a $17.99 USB-C cord that used to be $9.99. 'It's happening,' the worker wrote about the 80% growth. More and more Target employees have since blown the whistle on other products , and claimed that 'everything's going up.' Other chains that fell victim to tariffs include Macy's and Chinese online retail brands Shein and Temu . has reached out to Walmart for comment about the product.
Daily Mail
23-07-2025
- Business
- Daily Mail
Walmart employees expose a 100% price increase for a kitchen staple
A Walmart employee was stunned to see the price of shrimp double overnight. When the worker shared a photo on Reddit — showing a jump from $4.98 to $9.99 — it quickly went viral. Commenters dubbed it a case of 'shrimpflation,' blaming recent tariffs imposed by President Donald Trump. 'I don't really get into politics but I know whatever is going on is screwed up,' the South Carolina-based worker wrote. Several shoppers claimed tariffs and 'corporate greed' were the key players behind the unbelievable price rise. Others claimed the cost rose because it's the 'start of shrimp season,' and that the price tag has not risen in all of the chain's 10,000+ stores. Price fears were highly talked about for months after Walmart CEO Doug McMillon sounded the alarm on grocery prices last year. Things got worse in the months to follow, and employees went viral for leaking photos of price changes after tariffs forced Walmart to raise product costs. Several commenters claimed Walmart's 'corporate greed' was a reason behind the price hike Walmart and Target executives had issued a tariff warning a month before the price hikes became a reality. 'We had a productive meeting with President Trump and his team and appreciated the opportunity to share our insights,' Walmart said of the meeting. The meeting may not have been as useful in the eyes of shoppers who caught a peek of the dreaded price hikes in May. Employees in a string of Reddit posts showed the cost of popular items jumped as much as 80%. Some of the employees' photos included a $3.44 can of Great Value cocoa powder that rose to $6.18 and a $49.97 Hasbro-brand baby doll that used to cost $34.97. The warnings grew drastically last month, and some employees claimed over 15,000 items were repriced in a single store. Workers who aren't thrilled about the price changes may have been the lucky ones since tariffs were a factor in Walmart's decision to slash 1,500 US jobs. Customers have since threatened to boycott the company over the price increases, leaving Reddit users to suggest visiting other stores. Employees and shoppers have been stunned by new product prices over the last few month Target was amongst the top Walmart substitutes in the eyes of employees and shoppers. However, its staff members are just as fearful as those employed at Walmart. Chaos erupted in May after a Target employee posted a photo of a $17.99 USB-C cord that used to be $9.99. 'It's happening,' the worker wrote about the 80% growth. More and more Target employees have since blown the whistle on other products, and claimed that 'everything's going up.' Other chains that fell victim to tariffs include Macy's and Chinese online retail brands Shein and Temu.
