MagicMike
Platinum Member
Nostra don't you ever get tired of me bitch-slapping you here and making a complete fool of you?Yeah, she says grocery stores are price gouging in their 3% profit margins.
Moron.
You post like you've got your head up your ass. You never seem to have the slightest idea wtf you're even talking about dude.
Try to do better.
A top company leader at Kroger has admitted during an antitrust trial the company gouged prices on select items above inflation levels.
While testifying to a Federal Trade Commission attorney Tuesday, Kroger's Senior Director for Pricing Andy Groff said the grocery giant had raised prices for eggs and milk beyond inflation levels.
"This is not at all surprising," Drew Powers, the founder of Illinois-based Powers Financial Group, told Newsweek. "Companies across multiple industries have been posting record profits since the COVID-19 crisis while consumers have faced the highest inflation in recent history. The math can only point to companies raising prices above the general level of inflation. As the old saying goes, 'Never let a good crisis go to waste.'"
Kroger executive admits company gouged prices above inflation
Kroger's senior director for pricing Andy Groff said the grocery giant had raised prices for eggs and milk beyond inflation levels.
www.newsweek.com