this post was submitted on 30 Apr 2024
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[–] n2burns@lemmy.ca 81 points 7 months ago (3 children)

He argued it’s easier for customers to “point fingers” at grocers like Loblaw than at other players in the supply chain or global factors leading to higher prices.

Given Loblaws has control over a lot of that supply chain and has record profits over the last few years, so...

[–] DonkMagnum@lemy.lol 40 points 7 months ago

How dumb do they think we are? The problem isn’t your supply chain, it’s your record profits raked in by gouging us. Gouging is their new business model.

I’m starting to think these pigs won’t change until we start putting their heads on sticks.

[–] floofloof@lemmy.ca 29 points 7 months ago

Someone should tell him of this one weird trick that would allow them to reduce their prices by half and still make a profit...

Selling Butter At 54% Profit: Leaked Docs Show Loblaws’ Exorbitant Markups

[–] Maeve@kbin.social 10 points 7 months ago

I looked that up recently, in the USA, for us. Many major food corps are still taking in almost double (Cargill, Tyson, fur example) their prior record profits. Standing with my Canadian brothers and sisters in solidarity as I rue that we just pay more and think it's ok, here.