this post was submitted on 15 Apr 2024
29 points (96.8% liked)
Loblaws is out of control
159 readers
10 users here now
A sub devoted to highlighting the ridiculous cost of living in Canada right now. We’d like to thank our corporate overlord Galen Weston Jr. of Loblaws for continually raising grocery prices so he can get a big fat bonus cheque every year while the rest of Canadians struggle to make ends meet.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Loblaws doesn't profit directly from them, and are not owned by Loblaws.
Is the Loblaws boycott actually a "Boycott all non-co-op/mom-and-pop stores"?
Loblaws does not have a $33B valuation from loblaws supermarket alone. They include NoFrills, Shoppers Drug Mart, etc in their quarterly and year-end financial reports.
But they don't own Sobeys, Safeway, IGA, Metro, or about 2/3 of stores in the picture