this post was submitted on 03 May 2024
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"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."

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[–] stealth_cookies@lemmy.ca 31 points 6 months ago (1 children)

Loblaws literally just announced their quarterly results which included a 9.8% increase in profit year over year. Unless they are claiming that the incrsased profit comes from goods that aren't food then Weston is lying through his teeth.

Unfortunately for consumers the company cares about their shareholders first and don't give a shit about those who can't afford to eat.

[–] ininewcrow@lemmy.ca 9 points 6 months ago

In about a hundred years ... shareholders will weigh the dead bodies of consumers to see how much more profit they can render from a lifeless corpse.