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submitted 7 months ago by booja@booja.ca to c/canada@lemmy.ca
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[-] SamuelRJankis@lemmy.world 15 points 7 months ago

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.

[-] CancerMancer@sh.itjust.works 4 points 7 months 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.

this post was submitted on 06 Apr 2024
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