Selling Butter At 54% Profit: Leaked Docs Show Loblaws' Exorbitant Markups

What's depressingly unsurprising about those stats is that the shittier the food, the lower the GP%.

Oh sorry, you want real cheese and not extruded plastic masquerading as a dairy-like substance? Better pay more. Want something more sustainable, like oat milk? 55% markup.

And people wonder why the poor are less healthy. Fuck these fucking ghouls.

The oat milk infuriates me. I make it at home and it costs next to nothing almond milk I understand but oat milk should be much cheaper
- Do you have instructions on how to make it?
- Is it good when you make it at home? I drink oat or Next Milk generally, and like it a lot, but if I could just milk my own oats....

Remember, these criminals always claim that they are working off "slim" margins and can't possibly price food reasonably.

Looking at the rest of the list, and their record profits, it makes me wonder who in the government is on the Loblaws payroll.

And where else are we going to go? This country is just three monopolies in a trench coat masquerading as a fair and competitive market. We don’t have any choice. Galen knows this.

From Loblaw’s website:

We serve local communities with stores from coast to coast. Our family includes: Atlantic SuperstoreTM, Dominion®, Loblaws®, Maxi®, No Frills®, Provigo Le Marché®, Valu-MartTM, Real Canadian Superstore®, Wholesale ClubTM, Your Independent GrocerTM and ZehrsTM.

From Shopper’s Drug Mart website:

2014

Loblaw Companies Limited acquires Shoppers Drug Mart Corporation for $12.4 billion in cash and stock, bringing together two iconic Canadian brands

Your Independent Grocer
At least they have a sense of humour
Thankfully out in BC we have Asian and Indian francise grocery stores. Their prices are way less than Loblaws/Superstore. It means all oil, flour, rice, lentils, veg groceries, sauces, potatoes, dairy, etc are one trip at an Indian grocery, then other items like deoderant, water filter, etc are done at walmart.
Potatoes at Indian grocer $2.99-$3.99 same bag at SuperStore $8.99
4 green peppers at indian grocer, $3.xx , and SuperStore wanted $10.99
Dealing in Volume, SuperStore should be less

Galen Weston will be the first when people finally snap

And yet, he's only a symptom.
- Much like the single pimple signifying the onset of acne he may not be the problem but it's still extremely satisfying to pop.
- Shouldn't spare him just cause he's a symptom

Maybe we can socialize grocery stores, it will help farmers bring their crop to market

There is such a thing as CO-OPs.
- I have a good thing going right now.
  I have a csa to get seasonal stuff and eggs, a local farmers market for meat and berries. I hit up a locally owned Vietnamese grocery store for imported stuff and then costco once a quarter or so for bulk stuff and a little bit of processed stuff. Cut my food costs by more than half. Berries are 5 for 2.5 pints (5 of of those containers you get at the grocery store), I got kolbasa today, 10$ for about 2ft worth. Amazing quality too.

Loblaw should have restricted their business to Bob Loblow's Law Blog.

Not surprised. Butter is like $8 now !

Yeah, that's what I was thinking. Sometimes butter goes on sale for $4. It's the same thing they sell later for $8. Of course they're making +50% profit on that.
I just try to stock up when it's low, and not get screwed with the normal price. It used to be like $1 more. Now it's double. Make your own food people!

I can't even begin to imagine the price gouging going on in the USA.

I hear ham flipping is even more lucrative.

This year I invested in pumpkins. They've been going up the whole month of October, and I've got a feeling they're going to peak right around January and BANG! That's when I'll cash in!

Get these crooks under control; history repeats and we are long overdue a revolution.

I don’t get why loblaws is the only one named all the time. Hell Safeway and Saveon have similar or higher prices. Why do they get a free pass?

I must have missed this on Bob Loblaw's Law Blog

Our Albertson's (including most Safeway brands) in my region want to merge with the Kroger brand stores. They say it'll be good for customers. 🙄