this post was submitted on 11 Apr 2024
425 points (100.0% liked)

Canada

9464 readers
1641 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Election Interference / Misinformation

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago (1 children)

Everybody buy No Name orange juice and maybe we can bankrupt them. Unless I'm reading it wrong.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

What? No name products are from what I understand excess product made by the branded companies for certain grocery chains.

So the problem here with loblaws isn't that the manufacturers have increased their prices by 54% it's loblaws who have brought the product in to sell and marked up the price.

For a quick shitty example. Let's say you're selling OJ and you want $1 per bottle. Loblaws says okay we'll sell it in our stores. Now loblaws has your OJ on the shelf but it's priced at $1.54.

Therefore if the store is already shameless and marking up products this much you can bet that these no name products would probably have equal to or potentially more profit in it.

[–] [email protected] 1 points 1 year ago

It looks like they sell it at a 20% loss though