If they are checking receipts because an increase in theft I am ok with it. Any financial loss to my local store will have to be collected in prices of their goods to keep the business open. I wish they didn’t have to.
Despite the rise in theft, Loblaws saw 6% revenue growth last quarter compared to 3% in Q1 2022.
Loblaws is price gouging. They deliver essential product at luxury prices on a monopolistic scale in many neighbourhoods. They do this by design; they know that people have no other reasonable choices, and they know that people will need to buy food eventually.
In October it was reported that 20% of Canadians are skipping meals to cut down on food costs. Meanwhile Galen Weston has received 136% increase in direct wages over the last two years.
Meanwhile, I don’t know about other warehouses, but next year Loblaws will be shutting down their Cambridge, ON Warehouse to open a new, fully automated one closer to Toronto. All those warehouse workers are going to lose their jobs for the sake of automation.
In summary: Loblaws is making more. Their executive staff is making more. Yet they’re raising their prices along with it. People need to eat, and if you cannot afford to eat, you should steal. Food is not optional and I will die before telling someone else to die because they’re too poor to eat. Loblaws is celebrating their victory over our wallets as we merely try to survive.
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If they are checking receipts because an increase in theft I am ok with it. Any financial loss to my local store will have to be collected in prices of their goods to keep the business open. I wish they didn’t have to.
Despite the rise in theft, Loblaws saw 6% revenue growth last quarter compared to 3% in Q1 2022.
Loblaws is price gouging. They deliver essential product at luxury prices on a monopolistic scale in many neighbourhoods. They do this by design; they know that people have no other reasonable choices, and they know that people will need to buy food eventually.
In October it was reported that 20% of Canadians are skipping meals to cut down on food costs. Meanwhile Galen Weston has received 136% increase in direct wages over the last two years.
Meanwhile, I don’t know about other warehouses, but next year Loblaws will be shutting down their Cambridge, ON Warehouse to open a new, fully automated one closer to Toronto. All those warehouse workers are going to lose their jobs for the sake of automation.
In summary: Loblaws is making more. Their executive staff is making more. Yet they’re raising their prices along with it. People need to eat, and if you cannot afford to eat, you should steal. Food is not optional and I will die before telling someone else to die because they’re too poor to eat. Loblaws is celebrating their victory over our wallets as we merely try to survive.
I agree they are price gauging. That has nothing to do with my argument.
Theft is a product of their price gouging
No they don’t
They don’t have to, they’re making money hand over fist
So then be clear and say you are angry at them for price gauging and not just get angry at them for everything they do for their business.
Lol what? Did you miss the whole record profits during the pandemic combined with layoffs and stagnant wages? Sheesh bruh