Shrinkflation hits IKEA Family by removing 5% discount
i.imgur.com
IKEA Family is a membership program, like grocery store memberships. The only real feature of the program was their 5% discount. But now, they are getting rid of it to focus on "New Lower Price offers". I'm not holding my breath that their prices are going to come down anytime soon.
IKEA Family is worthless now. They do offer "select delivery options" with no explanation on what this means.
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Your membership to the service is now worse off comparatively, so the benefits you receive have shrunk. Shrinkflation feels pretty apt here
That's you paying more for the same thing: inflation. Shrinkflation would mean getting less for the same or more money.
OK, but the membership is free. So you're paying with the value of your email and personal information.