Fruit of the Loom has deteriorated over the years
I live in tank tops in the summer.
A few years ago a purchased a 5 pack of Fruit of the Loom tanks at Walmart, size medium, they held up great though many, many washings.
Went back two years later to get another pack, also in medium, after one or two washings they promptly shrunk several inches. I had to return them and get another pack in large size which also quickly shrunk to a wearable medium size. Oh, and the price went up $2 to boot.
I noticed they had changed the place of manufacture from El Salvador to some other third world local but obviously their cotton quality had changed drastically as well.
Another example of Shrink-flation, in this case literally.