Remember, these criminals always claim that they are working off “slim” margins and can’t possibly price food reasonably.
Looking at the rest of the list, and their record profits, it makes me wonder who in the government is on the Loblaws payroll.
Most of the people in any position to actually do something about it, including regulators.
What’s depressingly unsurprising about those stats is that the shittier the food, the lower the GP%.
Oh sorry, you want real cheese and not extruded plastic masquerading as a dairy-like substance? Better pay more. Want something more sustainable, like oat milk? 55% markup.
And people wonder why the poor are less healthy. Fuck these fucking ghouls.
The oat milk infuriates me. I make it at home and it costs next to nothing almond milk I understand but oat milk should be much cheaper
Most Canadian oat/almond/soy milk substitutes are filled with carrageenan, xantham gum and guar gum. The ones that aren’t, like Earth’s Own Naked Oat are double the price of the others, exceeding the price of milk.
I’ve discovered that I can buy local, unhomogenized milk in my city that comes in glass instead of plastic or PFAS lined cardboard. The price is $5/bottle but the taste is miles above the cartel milk or the substitutes, and oddly doesn’t trigger my mild lactose intolerance either.
Do you have instructions on how to make it?
That oat milk is more expensive than cow milk always seemed like “virtue pricing”. An acre of oats makes more oat milk than an acre of dairy cow feed makes cow milk.
More like “novelty pricing” IMO. Pay a premium to drink the exotic milk of the day.
Oat milk is just oatmeal in disguise, it’s as cheap as they come. The sad thing is that as overpriced as it is, as fake milks go, it’s pretty much the best! My ex drinks it because she’s lactose intolerant, and unlike almond or soy it’s actually palatable IMO.
Real Asian style fresh soy milk is excellent btw because it doesn’t pretend to be cow milk. It’s more like a hot creamy bean soup. Makes a great breakfast, if you happen to be in Taiwan
Is it good when you make it at home? I drink oat or Next Milk generally, and like it a lot, but if I could just milk my own oats…
I don’t get why loblaws is the only one named all the time. Hell Safeway and Saveon have similar or higher prices. Why do they get a free pass?
Loblaws operates their primary banner stores in all the most populous areas of Canada, and they operate grocery stores under some sort of banner in every province and territory.
Safeway is American and only operates in Western Canada, Save-On-Foods is also in Western Canada only. Both are much smaller than Loblaws.
So basically, scale & name recognition. I know people hate the “GTA is the centre of the universe” thing as well, but Loblaws is the “expensive” grocery store in southern Ontario, which contains our national capitol and the capitol of our biggest province, which is also the HQ of all of our national newspapers and public TV station. So it will get special legislative & media attention too.
Safeway Canada is owned by Sobeys along with many other brands like Freshco.
Really almost all Canadian groceries stores are owned by Loblaws, Jim Pattinson group or Sobeys. Again not sure why they get off the hook.
3 way monopoly is the Canadian way.
Where do you shop if not at Loblaws? Anything not a subsidiary of the above three?
And where else are we going to go? This country is just three monopolies in a trench coat masquerading as a fair and competitive market. We don’t have any choice. Galen knows this.
From Loblaw’s website:
We serve local communities with stores from coast to coast. Our family includes: Atlantic SuperstoreTM, Dominion®, Loblaws®, Maxi®, No Frills®, Provigo Le Marché®, Valu-MartTM, Real Canadian Superstore®, Wholesale ClubTM, Your Independent GrocerTM and ZehrsTM.
From Shopper’s Drug Mart website:
2014
Loblaw Companies Limited acquires Shoppers Drug Mart Corporation for $12.4 billion in cash and stock, bringing together two iconic Canadian brands
Thankfully out in BC we have Asian and Indian francise grocery stores. Their prices are way less than Loblaws/Superstore. It means all oil, flour, rice, lentils, veg groceries, sauces, potatoes, dairy, etc are one trip at an Indian grocery, then other items like deoderant, water filter, etc are done at walmart.
Potatoes at Indian grocer $2.99-$3.99 same bag at SuperStore $8.99
4 green peppers at indian grocer, $3.xx , and SuperStore wanted $10.99
Dealing in Volume, SuperStore should be less
A co-op. You all pitch in and buy bulk straight from the farm and then distribute it without a markup. Obviously there are distribution costs as well which get divided by the number of participants in the “group buy”
Everybody buy No Name orange juice and maybe we can bankrupt them. Unless I’m reading it wrong.
What? No name products are from what I understand excess product made by the branded companies for certain grocery chains.
So the problem here with loblaws isn’t that the manufacturers have increased their prices by 54% it’s loblaws who have brought the product in to sell and marked up the price.
For a quick shitty example. Let’s say you’re selling OJ and you want $1 per bottle. Loblaws says okay we’ll sell it in our stores. Now loblaws has your OJ on the shelf but it’s priced at $1.54.
Therefore if the store is already shameless and marking up products this much you can bet that these no name products would probably have equal to or potentially more profit in it.
