return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 11 months agoHow are you all making it right now with grocery store prices?message-squaremessage-square98fedilinkarrow-up1202arrow-down112file-text
arrow-up1190arrow-down1message-squareHow are you all making it right now with grocery store prices?return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 11 months agomessage-square98fedilinkfile-text
minus-square[email protected]@sh.itjust.workslinkfedilinkarrow-up79arrow-down1·11 months agoGroceries will blame inflation and whatnot, yet they’re printing record profits.
minus-squaredustyData@lemmy.worldlinkfedilinkarrow-up45arrow-down1·11 months agoThat’s because the truth is the other way around. It’s the hoarding of record profits by the corporate class what drives the inflation
minus-squareNeuromancer@lemm.eelinkfedilinkarrow-up20arrow-down10·11 months agoMargins are down. https://www.reuters.com/business/retail-consumer/albertsons-beats-profit-revenue-expectations-strong-demand-groceries-2023-07-25/ . So it isn’t the stores gouging you. Somewhere in the chain. Someone is though
Groceries will blame inflation and whatnot, yet they’re printing record profits.
That’s because the truth is the other way around. It’s the hoarding of record profits by the corporate class what drives the inflation
That’s their point.
Margins are down.
https://www.reuters.com/business/retail-consumer/albertsons-beats-profit-revenue-expectations-strong-demand-groceries-2023-07-25/
. So it isn’t the stores gouging you. Somewhere in the chain. Someone is though