“In Canadian law, store employees or staff are not allowed to physically stop you from leaving or search your belongings unless they actually witness you commit an offence,” she said. “You are free to walk past a receipt check, out the store.”
She said the exception is when shoppers exit a retailer such as Costco, which can enforce receipt checks because people agree to them when they sign up for the required store membership.
So what? The demand for food is inelastic—all humans need a decent amount of it and you can’t buy it used. Demand can never drop below a certain level, regardless of the price being charged. So regardless of how many companies are involved, they’ll make the most money by keeping the prices high. Actual competition doesn’t benefit them.
You could replace the full text of any grocery company’s press releases and interviews these days with “Qu’ils mangent de la brioche,” and express the same thing much more succinctly.
They could start by focusing on profits instead of margins. I don’t care if your margins are 50% or .005%, if you’re extracting billions in profit, you have room to reduce your margins, preferably through some combination of price drops and increased wages for everyone who works in the actual retail outlet.
sobeys c-suite should be arrested along with the regulators that continue to rotate in and out of service to this large corporations and their fucking regulatory bodies and publicly executed.
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He’s right, the only thing more competitive is our telecoms. /s
Hahaha
When do we start eating the rich?
removed by mod
When 80 percent of eligible voters stop voting for the same two parties or not bothering to vote at all.
Store employees do not have the right to check your receipt after going through the self checkout (unless it’s at Costco)
You were never trained on the operation of a self checkout machine
Everything is a potato
Sauce, please.
Source
Edit: Unless you mean source for everything is a potato. That statement is self evident.
The potato thing was really just more about life in general. But it is useful for some specific applications.
He’s not lying, it’s just that the competition they’re playing is who can make the most profit.
exactly.
Thanks for the laugh
So what? The demand for food is inelastic—all humans need a decent amount of it and you can’t buy it used. Demand can never drop below a certain level, regardless of the price being charged. So regardless of how many companies are involved, they’ll make the most money by keeping the prices high. Actual competition doesn’t benefit them.
You could replace the full text of any grocery company’s press releases and interviews these days with “Qu’ils mangent de la brioche,” and express the same thing much more succinctly.
They could start by focusing on profits instead of margins. I don’t care if your margins are 50% or .005%, if you’re extracting billions in profit, you have room to reduce your margins, preferably through some combination of price drops and increased wages for everyone who works in the actual retail outlet.
Then their margins must be razor thin… Executive compensation really low…
Annnnnnd a quick check of their annual reports demonstrates that they are quite literally full of shit.
sobeys c-suite should be arrested along with the regulators that continue to rotate in and out of service to this large corporations and their fucking regulatory bodies and publicly executed.
Change my mind.
Anything beyond a 10% profit should be illegal and the CEO should be taken out and shot.
Settle down Garfield. Wouldn’t a cleaner option be to tax excess profit?
Must be comparing it to one store towns.
Hahahahahaha!
Hell’s standard of living among the best on Earth, claims Satan
LoL
Hahahahahahahaha!!! On earth he says!! Hahahah oh man.