“Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what’s actually driving food prices higher in this country.”

You are viewing a single thread.
View all comments View context
3 points

Do you think their profit margin is shrinking here?

permalink
report
parent
reply
10 points
*

I don’t think the person you’re replying to is defending Loblaws, just saying we need to look at the right numbers to correctly call bullshit.

Here,

The company’s quarterly profit was $459 million, marking a 9.8 per cent increase.

Source: https://www.cbc.ca/news/business/loblaw-q1-revenue-boycott-1.7190272

permalink
report
parent
reply

Canada

!canada@lemmy.ca

Create post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Regions

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social & Culture

Rules

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

https://lemmy.ca


Community stats

  • 3.6K

    Monthly active users

  • 5.3K

    Posts

  • 48K

    Comments

Community moderators