Posted: Jul 28, 2022 1:45 PM ET | Last Updated: 10 hours ago Loblaw posted an increase in profit and sales in its second quarter, with drugstore sales driving overall margin expansion.
Canada has a vast amount of food producers where you can buy groceries directly from them! Why not pay the farmer? 🇨🇦 ReconnectWithYourFood
Good thing we bought them new freezers
While millions are starving.
In this headline you’ve just confirmed Weston’s price gouging and the fact that CovidIsNotOver
Didn't us taxpayers buy them a bunch of freezers and shit not long ago?
Canada needs Lidl.
Why?
Time for loblawco to return $27M of Federal finding for Covid!
BreakingNews: Price gouging PredatoryCapitalists Loblaws 'warn' spending is down. Next line: profits are up Pathetic CdnMedia: *crickets* CdnMediaFailsCanadians InflationMyAss cdnpoli
Grocery stores buy from and support local suppliers for produce, bread, meat, etc. so why are the the global food prices so high when prices for local producers haven’t increased by the same margins?
Glad I don't shop at loblawz or affiliate businesses. They don't need the $175 a month that I can afford for food.
Record profits are unpaid wages
Recovery. Thank goodness. Increases prices on Kraft Dinner and hamburger to keep the $ ball rolling for the Company.
Greedy company
You'll have to speak up. I can't hear you over Tony the Tiger screaming The Westons taste GRRRRRRRRRRRRRRRRRREAT!
Never shop there. Greed rules.
PROFITEERING
A big conservative supporter - don’t see CPC_HQ asking them to lower their prices
People taking drugs to forget they have no food...
So price gouging? Our grocery bill has gone up 80% even when we're trying to buy more cheaper brands than we used to
So “supply chain issues” were great for businesses profits but very bad for customers. Got it.
👀
It’s not profit, it’s theft
Corporate greed is the real cause of inflation not government spending. How much longer will we accept this?
pure pharma scripting fees Weston Family has the Drug Empire! Go Go Galen!
Nobody helps future imaginary poor people by hurting real poor people quite like the Liberals.
Corps and Gov bleeding us dry
At least the 12 million dollars worth of freezers that Trudeau gave them are staying full and making money off of the people that paid for them.
They are super greedy as they want you to purchase 3 or more items in order to get a lower price. Doesn't make sense when someone is trying to make ends meet. HeyPC why the price gauging Galen? Why not a lower price for one item. Greedy Galen strikes again!
Folks can’t afford restaurants under Trudeau’s revenue.
Price gouging
At the Loblaws in Maple Leaf Gardens last night.
And yet Loblaws is in the media moaning about extra costs etc. We find Loblaws the most expensive grocery store to shop in. Freshco, however, regularly has great deals/discounts and shows how much you saved on the sales slip.
Ghouls
They also said they see inflation peaking, with indicators showing a decline. I guess that’s not dramatic enough for you.
No kidding. About the only retail chain (monopoly) that didn't have to abide by Ontario govt mandates of blocking off non essential items in their stores...like other businesses had to. Many times forcing people to his chains to buy what they weren't allowed to buy elsewhere.
They're overcharging for everything. I can get twice as much for my money anywhere else
ScurvyCompanion You spelt “price gouging” wrong.
Thank PMJT and his Cons/Libs predecessors. They've destroyed Canada's social fiber with globalization and free trade agreements that made Canadians poorer and unscrupulous millionaires into unscrupulous billionaires.
I imagine but you can correct me but if you don’t eat you die,so food is important so it’s always going up as you gouge us. Well done on the earnings,Canadians payed for your bonuses
Maybe taxpayers didn’t need to give them millions for fridges🤔
So? A company now is not allowed to profitable
Seriously, I'm never setting foot in Real CDN Superstore again.
The federal government needs to regulate food apparently.
Earning money out of people's misery is a great sin in Allah's sight. Think about people first in your business. Lest you might turn into worse than beast.
Now we know why the liberals are doing what their doing. To increase the Wealth of the rich friends and I turn their own wealth.
Prices of groceries go up they make money and we are the losers
According to the comments here, loblaws is not supposed to make a profit. No company is supposed to make any profit, any time, whatsoever. According to the comments here, loblaws should be shut down or run as a non-profit.
The Westons grow richer and richer while the average person struggles to get food on their plate.
Because they keep raising all the prices, all the time. It's gotten ridiculous and is making people go without food. I hope they know they're forcing people to turn to the food bank.
Can they reimburse taxpayers for all those fridges Zippy bought for them...?
To be fair $100m in 2019 is like $490m today So thanks inflation for inflated profits
We better give them more taxpayer dollars to buy new freezers then 🙄
If you don't know that a foreign entity is attacking and destroying us then you are seriously confused and asleep.
Globalists are inflating the inflation with record profits. Wake up people, they are not your woke friend.
But they are killing people in their warehouse
So glad Trudeau gave them 280 million to help them. Already billionaires
Does that signal Justin Trudeau will be giving Loblaws more of Canadians tax dollars for Loblaws freezers ?
Inflation is caused by corporate greed!
So it wasn’t the $10.99/lb organic peppers?
Will any of those profits be shared by frontline staff? Or passed on to the consumer via lower food prices Will there be decency or greed?😳🤦♀️
Pharma profiting from pandemics Shocker