this post was submitted on 01 May 2024
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This is far, far more important than their revenue.
The company is run by thieves.
Revenue was up 4.5% and profit was up 10%... so they cranked up their margin, nice. Greedflation indeed.
Would love to see the same figures for Sobeys/Safeway and others, cause I swear their veg has doubled in price in 3 years.
Yeah this is the real news. Doesn't matter how much revenue they are making, but artificially inflating the margin is literally greed and should be used as a proof of oligopolistic move by antitrust orgs to break them up.