this post was submitted on 06 Apr 2024
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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.
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.