this post was submitted on 06 Apr 2024
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[–] [email protected] 84 points 1 year ago (1 children)

Who else is to blame ? They set the prices and are making record profits.

[–] [email protected] 15 points 1 year ago* (last edited 1 year ago)

Greedlation is real. They go over how a leading economist explains this is solely seller created inflation, and the claim of citizen covid stimulus cheques causing inflation is bogus. And how they all used COVID as cover for price hikes. https://www.iheart.com/podcast/105-stuff-you-should-know-26940277/

[–] [email protected] 57 points 1 year ago (2 children)

I think the reason I blame them is because it's their fault, but I'm not Canadian, so I don't count.

[–] [email protected] 36 points 1 year ago (1 children)

My partner works at a Sobeys doing file maintenance and she does all the price and label changes. She regularly shows me pictures of shrinkflation and price gouging. Some things doubled in price overnight.

It's crazy and she says it's a little bit depressing. And unlike a normal shopper, she's aware of all the deals as well, so that's nice for us.

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

Hope you get an employee discount too. I loved that when I worked at Sprouts. Of course they maxed me out at 39.9 hours every week. So I kinda got a discount in lieu of healthcare, but still, I liked the perk

[–] [email protected] 6 points 1 year ago

39.9 hours every week

Shit like that is criminal

[–] [email protected] 7 points 1 year ago

I’m not Canadian, so I don’t count

If you care about what happens in Canada, that counts for something.

[–] [email protected] 37 points 1 year ago (2 children)

This truly sounds pathetic. Although it clearly displays the real power hierarchy.

In February, the House of Commons' committee that studies food prices urged Loblaw and Walmart to sign on to the grocery code of conduct, or risk having it made law. Both organizations have said they will not sign the code as currently drafted, saying it could raise prices for Canadians.

[–] [email protected] 6 points 1 year ago

I suppose oil, though changing to renewables would more than definitely, believe it or not, raise prices as well.

[–] [email protected] 23 points 1 year ago

I'm surprised and disappointed the percentage isn't higher than that, but these polls tend to have skewed sample groups anyway.

[–] [email protected] 23 points 1 year ago

I'm more impressed the numbers are this low.

[–] [email protected] 22 points 1 year ago (1 children)

I want a grocery store that doesn't require you to join their shitty club to get lower prices.

[–] [email protected] 5 points 1 year ago (1 children)

Give them all fake info. Fuck em.

[–] [email protected] 15 points 1 year ago (1 children)

Just to point out in respective of at least "Loblaw" they own a lot more than just grocery stores and just using the profit margin is not a absolute indicator of how profitable they truly are.

Loblaw Companies>George Weston Limited>Wittington Investments, Limited

Report regarding grocery inflation.

We know very little of what is going on in food processing, transportation, and at other companies who participate in the food industry. A proper investigation led by the Competition Bureau of Canada would shed some light on practices in the industry.

[–] [email protected] 4 points 1 year ago

With the level of vertical integration Loblaw has, they could easily be playing a shell game with the various stages the food goes through and just bleeding all the money out.

[–] [email protected] 11 points 1 year ago (1 children)

This is why passing school lunches for school children will help as it will be the provinces negotiating the prices.

[–] [email protected] 13 points 1 year ago

More likely the (conservative) provinces will just give a sweet single-source contract to Aramark or Sodexo in exchange for either a kickback for their own businesses, and/or a post-career board of director appointment.

[–] [email protected] 10 points 1 year ago (1 children)

Sounds like a great market situation for Aldi or Lidl to expand into!

[–] [email protected] 2 points 1 year ago

Lidl has the most expensive vegetables in my area

[–] Case 3 points 1 year ago (2 children)

32% of people are dumb as shit.

This tracks with my personal experiences.

[–] [email protected] 13 points 1 year ago

One company owns a vast amount of all grocery stores in Canada.

https://en.m.wikipedia.org/wiki/George_Weston_Limited

So sure, it may not be the "grocery stores" individually, it's sure as shit on their holding company.

#FuckGalenWeston

[–] [email protected] 12 points 1 year ago

~50% of grocery inflation can be attributed to increase profits, and grocery chains profits are larger than ever: https://www.cbc.ca/news/business/grocery-price-analysis-1.6774669

If only 32% of people are blaming grocery stores, 68% need to rethink their stance.