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Well where is the proof? Wouldn't it be smart, if you want to increase sales, if your competitor increases their prices that you DON'T increase yours, and advertise as such?
Why would a company WANT to jack up prices when they don't have to? Do you not know when you jack up prices, you DECREASE sales? Do you have any clue how to run a business? Apparently not.
It's a lie, Kroger lost moneyThe OP says Kroger said Kroger's did it. That doesn't mean others didn't also.
thedispatch.com
likely true, just a reminder that voters should of listened to Romney and not Obama, and let them go bankruptGM was not a proper bankruptcy which means they will be at the taxpayers door again in the future.
It's a lie, Kroger lost money
Kroger’s net earnings decline to $947m in Q1 FY24
Kroger’s net earnings decline to $947m in Q1 FY24
The retailer’s operating profit stood at $1.29bn over the quarter.finance.yahoo.com
Claims About Increased Profits by Kroger and Publix Are False
A viral post suggests that high food prices reflect corporate greed.
Claims About Increased Profits by Kroger and Publix Are False
A viral post suggests that high food prices reflect corporate greed.
Kroger’s financial statements report an even steeper decline in 2023 profits. The company recorded a 3.6 percent decrease in net income 25 percent decrease in operating profits during 2023.
These are just lies and propaganda by the Demafascsit to deflect from the horrible poilices of their party the 12 of the past 16 years that have caused this. They know their dembot base is low informed and will simply repeat their lies and not actually take the time to see the facts.
Yes, they stated their earnings, which show clearly, they have not been gouging anyone...in fact they are losing moneyKroger's said it, not your boogeymen.
hahaha, the look at the links! it's clear they have been losing moneyYes, they stated their earnings, which show clearly, they have not been gouging anyone...in fact they are losing money
A top Kroger executive admitted under questioning from a Federal Trade Commission attorney on Tuesday that the grocery chain raised its egg and milk prices above the rate of inflation, a concession that came as no surprise to economists who have been highlighting corporate price gouging across the U.S. economy in recent years.
Groff's comment came in response to questioning about an internal email he sent to other Kroger executives in March. In that note, Groff observed that "on milk and eggs, retail inflation has been significantly higher than cost inflation."
A Kroger spokesperson told Bloomberg in a statement that the email was "cherry-picked" and "does not reflect Kroger's decadeslong business model to lower prices for customers by reducing its margins."
But Rakeen Mabud, chief economist at the Groundwork Collaborative, noted Wednesday that "execs all over the economy were saying this stuff on their earning calls back in 2021."
During antitrust trial, exec admits Kroger jacked up milk and egg prices above inflation
A top Kroger executive admitted under questioning from a Federal Trade Commission attorney on Tuesday that the grocery chain raised its egg and milk prices above the rate of inflation, a concession that came as no surprise to economists who have been highlighting corporate price gouging across...www.rawstory.com
The pandemic played no part in supply chain issues on milk,or egg prices. These aren't imported products, and those farms were producig the same amout of milk and eggs, and the trucks delivering them were running with plenty of cheap fuel. The prices before and since are 100% corporate price gouging, the companies themselves gleefully admitted to.
Corporate greed? The OP says Kroger did it, want to explain why Wal Mart did it? Costco? Brookshires?
I can tell you why they did it, because transportation costs went through the roof. Diesel went from 1.75 a gallon to 5 a gallon under Biden.
| Date | U.s. Average | East Coast | New England |
|---|---|---|---|
| 12/27 | 3.615 | 3.602 | 3.623 |
| 12/20 | 3.626 | 3.611 | 3.633 |
| 12/13 | 3.649 | 3.633 | 3.643 |
| 12/06 | 3.674 | 3.658 | 3.654 |
WOW............You're FOS.That expense will be passed along to consumers as an increase in prices. Biden saying on day 1 he would shut down the oil and gas industry scared the shit out of everyone and prices shot up.
The reason we have inflation is because we have a fuck up in the white house. Let's get Trump back and get back to normalcy.
Why do you have 2021 data? Here is the avg by year, as you can see, from 2021 moving forward, it drastically went up, reaching over $5.00 in 2022, but coming down as we get closer to the end of the Harris/Xiden admin, but still today, higher then the 2021 avgView attachment 1003721
www.ttnews.com › 2021-doe-regional-diesel-fuel-prices2021 DOE Regional Diesel Fuel Prices | Transport Topics
DOE's regional averages are drawn from its weekly national survey of 350 diesel service centers. The stations are surveyed on Mondays and the results are reported late that day.
Date U.s. Average East Coast New England 12/27 3.615 3.602 3.623 12/20 3.626 3.611 3.633 12/13 3.649 3.633 3.643 12/06 3.674 3.658 3.654
WOW............You're FOS.
Just like your dear leader.
NO WHERE on that chart does fuel reach $5.00 a gallon.Why do you have 2021 data? Here is the avg by year, as you can see, from 2021 moving forward, it drastically went up, reaching over $5.00 in 2022, but coming down as we get closer to the end of the Harris/Xiden admin, but still today, higher then the 2021 avg
WTF?So, why did you use 2021 data?
So you can’t read?? Haha it goes over 5 in 2022.NO WHERE on that chart does fuel reach $5.00 a gallon.
WTF?
"Diesel went from 1.75 a gallon to 5 a gallon under Biden"
As usual..........You're FOS.So you can’t read?? Haha it goes over 5 in 2022.
Yes fuel prices surged during harris and xiden’s war on the working class
So you can’t read?As usual..........You're FOS.
US leads global oil production for sixth straight year- EIA
View attachment 1003734
Reuters
https://www.reuters.com › markets › commodities › us-l...
Mar 11, 2024 — U.S. crude oil production lead global oil production for a sixth straight year, with a record breaking average production of 12.9 million ...
Big Oil doubles profits in blockbuster 2022
View attachment 1003735
Reuters
https://www.reuters.com › business › energy › big-oil-d...
Feb 8, 2023 — The profit surge gave the oil companies scope to increase spending on oil and gas projects, and a chance for some to rethink energy transition ...
Oil Giants Pump Their Way to Bumper Profits
View attachment 1003736
The New York Times
https://www.nytimes.com › oil-gas-companies-profits
Feb 3, 2024 — Exxon, Chevron and Shell reported robust earnings and large payouts to investors as they continued to expand their fossil-fuel production.
