• SamuelRJankis@lemmy.world
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    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
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      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.