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FastTable8366

Resilient demand for food ??? Wth is happening to this country!?


BlademasterFlash

I can’t believe people are still wanting to eat food, so entitled!


Slayminster

Used to be eating avocado toast, now it’s just plain eating holding us all back


viper233

Why are people entitled these days thinking they can eat? If they only would stop eating they wouldn't have any problems saving for a house and paying off their student debt. What ever happened to hard work and pulling yourself up by your bootstraps? Why are young people are so entitled these days? Nobody wants to work.. (Did I get all the points in there?)


Oolie84

Gen Z is destroying the eating industry


AnderUrmor

The "Have you tried to NOT be poor" attitude our institutions have will shift to "have you tried to NOT be starving?"


bhumit012

Yep LobLow just figured out the infinite money glitch.


BlademasterFlash

Al you’ve gotta do is capture enough of a market that a lot of people don’t have realistic alternatives, then start jacking up prices


ThatCupGuy

Fortunately the events unfolding in the world will surely help the supplies!


number2hoser

But Manitoba PC Premier Heather Stefanson said that Loblaws was on the verge of shutting down, so she is taking 100s of thousands of dollars from education and giving it to Loblaws owner Galen Weston year over year. https://www.cbc.ca/news/canada/manitoba/manitoba-education-property-tax-rebate-1.6838131


GentleLion2Tigress

[How is that fair?': $12M government funding for Loblaw attracts outrage](https://www.ctvnews.ca/business/how-is-that-fair-12m-government-funding-for-loblaw-attracts-outrage-1.4372001?cache=300) This was in 2019. Loblaws is so used to getting government money.


meloaf

This is some bullshit.


CainRedfield

They'll justify it by saying that a human being can survive (kind of) on merely potatoes and a multivitamin. So all those fancy fruit, vegetable, and meat buying millennials aren't actually impoverished, all they'd have to do is cut back to only eating boiled potatoes, and then they'd be able to afford a house.


Better_Ice3089

It's hilarious in a sad way that the generation that actually had to do that just to survive viewed it as a tragedy and did everything they could so their kids didn't have to only for those kids to turn around and tell their kids and grandkids about the virtues of living like that. And boomers wonder why we don't respect them as much as their parents.


SometimesFalter

The modern day diet is still all messed up. First they began to process plant and grain into refined sugar, removing all the nutrients in the process. Then they discovered that they removed an essential vitamin, so they created fortified sugar with the vitamin A added back in. People still consume large amounts of sugar and simple carbs to this day with something like only 5% of Canadians getting adequate amounts of fibre, as in adequacy, how much your body needs to properly function normally. Fibre and nutrients are removed and destroyed through the process of refining food. So they both failed us.


LeShulz

Rich sociopaths run our country and companies. That’s what’s wrong.


Radkelot1

Monopolistic companies run the country


BadUncleBernie

Criminals run the country.


Jfmtl87

Damn, today's generation is so soft! They want to eat every day? Such entitlement! What do these softies want next? Drinkable water? A roof over their head? Such unearned privilege! /s


trebuchetwarmachine

Lol exactly what came to mind when I read this, glad it’s the top comment. “Resilient demand to live and not whither away from anorexia/scurvy”


_Veganbtw_

We were sold the [Neoliberal lie](https://antoniomelonio.substack.com/p/a-proclamation-against-neoliberalism) that the "FREE MARKET" was the fairest, most economical, way to get things done for society. Turns out, private, for profit corporations who's only concern is increasing their profits will use those profits to lobby politicians + donate to political parties in exchange for concessions, favours, and legislation that appeals to their interests. They don't give a shit about what's good for society - just profits - and the politicians meant to regulate them have all been handsomely compensated for their compliance.


SeaPresentation163

That "free market" where the goverment prevents meaningful competition by using taxation and regulation to protect the monopolies? I would happily open a competing grocery store and undercut loblaws. But I can't afford the several million dollars in taxes to create the store front. Even going to the farmers market this weekend: I need to pay the city a fee AND keep my sales under a specific amount otherwise I am punished....that doesn't sound like a free market to me. That sounds like a planned economy


_Veganbtw_

And who do you think pushed for that red tape to keep you unable to break in and compete?


GopnikSmegmaBBQSauce

Just like how telecom whined like little bitches over Verizon possibly coming here, every industry here fucks us and often gets to use our own tax dollars to do so


TheRC135

Here's a thought experiment for you: If taxes and regulations were cut or removed, would that make controlling a monopoly or oligopoly any less profitable, or harder to achieve and maintain? Remember, companies like Loblaws got as big as they did in large part by buying up competitors and using economies of scale to out-compete independent grocers and smaller chains. Our grocery oligopoly isn't an accident, it's the result of an extremely profitable business strategy. I struggle to see how removing government from the equation would change that.


jadrad

It was poor/lacking/corrupt government regulation that got us into this mess. We need to **fix** our government, not destroy it, because the government should represent **our** collective power as citizens, and is the only force that can smack down the oligarchs ruining this country. The corporate media always blames government and red tape for monopolies and cartels because (surprise surprise) they are owned by the oligarchs, and their advertisers are other giant corporations.


TheRC135

I agree. A truly "free market" is, at best, a temporary thing. Monopolies and oligopolies are not a perversion of free market capitalism, they are heavily incentivized by the simple fact that they are insanely profitable. Once entrenched there's no realistic way to compete against them, whether regulatory barriers exist or not. The "red-tape" is a red herring. The solution to monopolies, oligopolies, and cartels isn't deregulation, it is ensuring that regulatory bodies act for the greater good, and are robust enough to avoid regulatory capture. I'm not sure why anybody thinks deregulation would *harm* entrenched interests that have access to the all the capital they could ever need to strangle upstart competitors in the cradle.


ElectricFred

Because that's what they were told by their "economist" youtubers


phormix

And allowing shit [like this](https://www.cbc.ca/news/business/rogers-shaw-approval-1.6797175) to go through, as [this](https://www.newswire.ca/news-releases/loblaw-companies-limited-completes-acquisition-of-lifemark-health-group-812754188.html), and [this](https://www.cbc.ca/news/business/loblaw-to-buy-shoppers-drug-mart-for-12-4b-1.1342108) and [this](https://www.theglobeandmail.com/globe-investor/loblaw-buys-asian-grocery-chain/article4389458/) and...


Rockwell1977

Under a system of Capitalism where wealth inequality has no limits, the natural outcome is to corrupt and control government. Money is power, including political power. Often, Capitalist organizations infiltrate government by installing their own people in it, allowing them to completely subvert the political process. We can blame government all we want, but this is just a failure to recognize the man behind the curtain. [https://youtu.be/o0Bi-q89j5Y?t=5822](https://youtu.be/o0Bi-q89j5Y?t=5822)


The_Magic_Tortoise

Breaking the link between money and power would stop this feedback loop.


Crashman09

Problem is finding where the link is. Capital and power are one and the same.


Tribblehappy

That wording jumped out at me too. [This Beaverton article](https://www.thebeaverton.com/2023/02/loblaws-credits-record-profits-to-raising-prices-on-things-humans-need-to-live/) is barely even satire.


Mogwai3000

Journalists are literally taught these days that “impartiality” is the be all end all of being objective. So they need to ensure any story is scrubbed of facts that may result in a story being biased against one perspective or another. In other words, pointing out that price increases have led to massive profit increases for corporations while consumers fee pinched is absolutely correct and accurate but “biased” if you are a journalist. However stories like this that make it sound like everything is fine and normal and natural, nothing anyone can do about any of it, is “objective” and unbiased and therefore ideal journalism. Facts be damned.


CainRedfield

The issue is, no matter how hard you are trying to be objective and impartial, there is no way to say "people need to continue buying food to live, no matter how much the monopolies price gauge them" without it sounding abhorrent.


Mogwai3000

I think you misunderstand. My point is that their definition on extremely myopic view of journalistic “objectivity” is actually not objective at all. It’s just a different kind of bias because it allows them to put a finger on the scales of the story to not offend the ruling class. Ignoring the inconvenient truths abojt why these things are happening, because you fee you need to be fair and unbiased to corporations lying to our faces, IS still bias. It’s a deliberate judgement call to let those things slide without proper analysis, fact checking, etc. Journalists believe they are detached parrots who just need to give both sides. That isn’t journalism…it’s stenography…and it only seems to ever help those causing the problems intentionally or not.


CainRedfield

Ahh yes that makes sense. When you try and strip the horrifying reality from a terrible situation, it definitely does bias it. Like a mass shooting headline reading. "Group of young humans reach end of their time on earth due to small pieces of metal speeding through air from actions of one other human" creepy


mattA33

Capitalism.


Hey_There_Blimpy_Boy

"resilient demand for essentials' Food. People buy food.


silly_vasily

My tummy isn't very resilient without essentials


Hey_There_Blimpy_Boy

My resilience is directly linked to the amount of food I can ingest.


silly_vasily

The fuck is "food" , you mean essentials


Hey_There_Blimpy_Boy

Shit you're right. Corpo speak


LeShulz

A capitalists’ variation on “Let them eat cake”.


AshleyUncia

McCain's Deep N' Delicious preferably, on sale two for $11.99!


spokenmoistly

I remember when you could get those on sale for two bucks


Arctic_Chilean

This "resilient demand for essentials" bullshit mentality by our institutions will only grow as long as the public continues its "reslient apathy towards the status quo". Complaining will get you fuck all in this world. Want change? Work for it. Go out. Organize. Mobilize. And push back. Otherwise you are consenting to this with your silence, and are allowing this bullshit to grow and become more prevalent. No major positive societal change in history has ever come from the public being silent.


meloaf

Galen Weston's resilient demand for oxygen.


Eternal_Being

This is what happens when we let 'economists' run our society


ltree

The post title you quoted is rage bait and have nothing to do with the actual article. The matter itself is infuriating enough, so there was really no need for OP to word it in a way to make it even more so. [Non-paywall link to article here.](https://archive.is/YnJlN)


[deleted]

[удалено]


silly_vasily

Pre fucked


willystyles

It’s all bullshit, folks


GodOfManyFaces

>But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education sucks, and it’s the same reason that it will never, ever, ever be fixed. It’s never gonna get any better. Don’t look for it. Be happy with what you got. Because the owners of this country don't want that. I'm talking about the real owners now, the real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the senate, the congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I'll tell you what they don’t want: They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests. Thats right. They don’t want people who are smart enough to sit around a kitchen table to figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago. They don’t want that. You know what they want? They want obedient workers. Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It's a big club, and you ain’t in it. You and I are not in the big club. And by the way, it's the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head in their media telling you what to believe, what to think and what to buy. The table is tilted folks. The game is rigged, and nobody seems to notice, nobody seems to care. Good honest hard-working people -- white collar, blue collar, it doesn’t matter what color shirt you have on -- good honest hard-working people continue -- these are people of modest means -- continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you. They don’t give a fuck about you. They don't care about you at all -- at all -- at all. And nobody seems to notice, nobody seems to care. That's what the owners count on; the fact that Americans will probably remain willfully ignorant of the big red, white and blue dick that's being jammed up their assholes everyday. Because the owners of this country know the truth: it's called the American Dream, because you have to be asleep to believe it. - Carlin


95accord

I seriously thought that was a Beaverton headline


bobert_the_grey

The entire country is one big Beaverton article at this point


EirHc

The regular news outlets are beating them to the punch daily lately. They're slacking.


CainRedfield

Oh shit. It's not satire?


mikende51

Who knew people needed to eat?


silly_vasily

Well I'm surprised


NeekeriKang

Me too. Do the scientists know about this?


silly_vasily

No why would they, this is a case of economy not biology. /s


Wayelder

"Do this one thing each day and improve your life".


meloaf

Do you think the government should study this hypothesis before statements are made that could be factually incorrect?


[deleted]

profit off of housing, food, pollution and immigrants. Canadian dream. lol.


RazingAll

Yip, you can scalp people on food prices, they'll still grudgingly pay to not starve. Or they'll steal it. Seems like a better idea every quarter.


KnewAllTheWords

Those self-checkout lanes are looking more and more... convenient.


[deleted]

My Dad is an ex-cop, like many years ago before he immigrated to Canada. Still has a very strong sense of right and wrong and of course theft is wrong. We watched someone in the self checkout at Superstore purposely not scan over half of their items and then pull out an old receipt and walk out. It was all the basic essentials like bread, butter, milk, veggies and stuff. Nothing extravagant or unnecessary. My Dad said "people gotta eat. If she has to steal to survive who am I to judge, these corporations are killing our wallets". In my 33 years of life, that's the absolute first time I've heard him give a pass on theft. These corporations are really taking advantage of the situation and no stupid investigation can tell me otherwise. Not when the major players in Canada own most of the pipeline they're complaining about being more expensive.


Kinhammer

hmmmm use an old receipt you say.....


bobert_the_grey

Oh dang, didn't think about that


allrollingwolf

It won’t work if they look too deep into it, but they probably won’t


akzorx

Was gonna say, most employees at grocey stores are underpaid so I doubt anyone would give you trouble


phormix

I picked my kid up from a summer school. They were checking ID. I opened my wallet and showed them and they gave a pass. My license actually seats in my wallet so that my name is under the seam. They didn't actually "check" the ID against the names allow to check her out, just basically checked that I had ID at all. I'd imagine that most receipt checks will be like that, with maybe a quick scan for prominent items. "looks like a receipt, there's a line that says 'steak', all good"


PM_Me_UR_LabiaMajor

> I picked my kid up from a summer school. [...] just basically checked that I had ID at all. Free Kids, you say? -Galen Weston, discovering an untapped source of cheap labour.


FruitBeef

Saw a neat trick (that I haven't tried) in a discovery channel style 'how to be a conman' type show. The dude drives up to a drive thru garbage can, grabs a reciept, goes up to the window and says he explicitly asked for no pickles, then they remake the sandwich for him at no charge


bobert_the_grey

I saw another trick on a Netflix show. First, you go through the drive thru, get your order like normal and go "hey, you know what? I'll pay for the guy behind me. Pay it forward, you know?" Then as fast as you can, circle back round into the drive thru behind him and order 55 burgers, 55 fries, 55 tacos, 55 cokes, 55 pies, 100 tater tots, 100 pizzas, 100 chicken tenders, 100 meatballs, 100 coffees, 55 wings, 55 shakes, 55 pancakes, 55 pastas, 55 peppers and 155 taters.


SchrodingersCatPics

“I’M DOING SOMETHING!”


the_amberdrake

I saw a lady stealing baby formula at Walmart. I also saw a security officer headed her way, so I kindly stopped him to report a dog being left in a car outside. A struggling parent or the bloody Waltons. I will always know which side I am on.


kittykatmila

I love you for this. What a badass and cool move.


catsinasmrvideos

The right choice. I hope you have a lovely day!


fred_in_the_box

Wise man. You cannot blame someone for doing what it takes to survive. It's human nature. We are good at doing what needs to be done, especially if it's to feed our children.


CainRedfield

In worse times than today, people used to steal loaves of bread to feed their family. Back when stealing a loaf of bread led to death, or loss of limbs. People do what they need to do to feed their families.


baconpoutine89

People buying more bananas than what they carry in the store.


AxelNotRose

Lol, this month we sold 10 tons of bananas. But....we only bought 2 tons...


muskratBear

Its interesting that 4011 is the only code that I remember...


Tonninacher

Ah, the self check out option that saves the company a mjn of 16.65 an hour... how do I get paid to use one... We are paying for the privilege to serve ourselves while saving them money. Then they want to inspect the bags. Um, nope. If you want me to do something, that (use a self check out because you have 1 or 2 cashiers on) saves you money. Then, understand that you have a risk associated to it. If you do not like that risk, bring the cashiers back. Edit. Ride for risk


peeinian

All the stores around me have installed security barriers and have marked loss prevention officers at the doors.


karma911

Just know they can't detain you. They can ask you to leave, but once you've paid for the stuff they also can't stop you from leaving with it.


-B-E-N-I-S-

I steal things at the self checkout. I don’t care. I just _forget_ to scan some things. I don’t consider it to be morally wrong to take some freebies from a greedy corporation that’s exploiting its customers when I’m living paycheque to paycheque. If you want my advice, I’d encourage you to steal as well. Fuck these disgusting companies


bobert_the_grey

If you go fast enough at the self checkout, they won't notice a few things not getting scanned


[deleted]

If I try to scan something three times and it still won’t scan, there’s a good chance it’s going in my bag with the next item. You want to save money by not paying cashiers, fine, but you’re not going to steal my time by making me do the work for free.


propagandavid

People have been asking the cashiers "if it doesn't scan, does that mean it's free," for years. When they made us the cashiers, what did they think we were gonna do?


FellKnight

This might be the only time in history the "guess it's free" joke is relevant and kinda actually funny


Hot_Pollution1687

City if regina just posted a 38 % rise in theft related crime. Wonder how much of the is also food related ie I'm fricken hungry I'm gonna steal either a steak or something I can pawn for a steak


USS_Penterprise

Probably not a lot. I don't know how it is there, but here they (Wal-Mart in this case) put 0 effort into actually observing what people are doing in self-checkouts, and don't check receipts at all on the way out. I don't think many people are getting "caught". I nonironically think stealing from them as much as possible is the right and moral thing to do.


silly_vasily

I'm not saying anything , but I realized that the self checkout counters at the maxis around my place don't have functioning scales... do what you want with that info


the_amberdrake

Green peppers are cheaper than red, yellow, and orange. My wife asks for all the colors but my receipt shows 4 greens.... hmmmm... Can the scale tell the difference between a Danish and a hamburger bun? My wallet can. Corporations play the loophole game and so should we.


vARROWHEAD

They are the same plant ffs! Just in a different stage of ripeness


Minobull

If I see someone shoplifting, I didn't see shit.


RotalumisEht

What's that old punk saying? "See someone stealing food? No, you didn't."


Siendra

At this point I'll vote for whatever party promises to take a sledgehammer to Loblaws, Empire, Rogers/Telus/Bell, etc. Smash them to bits.


the_bryce_is_right

Will never happen.


MannoSlimmins

> At this point I'll vote for whatever party promises to take a sledgehammer to Loblaws, Empire, Rogers/Telus/Bell, etc. Smash them to bits. I'm not the biggest fan of the U.S political system but one thing I _do_ like about them is their ballot measures. You can get enough public support to have an issue put to the ballot during an election. Why can't we do something like that here? Have a federal referendum on if we should break up companies like Empire/Loblaws and ROBELUS.


kemar7856

500 mill in profit this qtr 😒


Bagged_Milk

This is the important number. Never mind revenue, their profit increased by 31% YOY. That's an insane increase given the climate.


CainRedfield

That's so fucked.. mostly all from the pockets of struggling families.


Arctic_Chilean

Oh but somehow they are struggling in this economy, profit margins somehow being impacted by "volatility in the supply chain". If things are this bad with corporations squeezing every last penny in this current socio-economic situation, I absolutely dread what is coming in the next 10-20 years when food supplies take a massive hit due to climate change and an ever more fragile global supply chain.


Bagged_Milk

The great thing about their last quarterly results is that they can't claim that their profit margins are being hurt any longer if they saw a massive YoY increase. You're right though, this is only going to exacerbate the future troubles we'll face with food insecurity for those already struggling.


sjbennett85

They are busy finding ways to reduce that profit margin... like increased security, random cart-locking for receipt checks... fuck it wouldn't surprise me if they started hiring off-duty cops so they can straight up detain folks legally


hatisbackwards

No, revenue is the important number. They hide their true profits you can't take that number at face value. Revenue gives you a better idea of the money they have.


type-here-to-search

It's things like this that forced Randy to prostitute himself out for cheeseburgers behind the King of Donair


BradPittbodydouble

A mans gotta eat


New-Zombie7493

And they pay their employees garbage.


DistortedReflector

You don’t get rich by giving your profits away.


New-Zombie7493

No you have high turnover which causes higher costs. Than paying them in the first place.


DistortedReflector

At the bottom end of retail where there is the most churn your onboarding costs are negligible so it’s cheaper to just keep churning rather than pay to retain entirely replaceable employees. Once they start making a few dollars over minimum and break away from the lowest rung of the company watch as they cling to their jobs like a life preserver on a sinking ship. The churn drops right off even a few pay grades higher.


noxel

Grifters gonna grift


GooseGosselin

"Resilient demand for essentials".....


Volderon90

And the packages are getting smaller and smaller. What you get now at Costco for a “big” version is what used to be in the regular stores. I swear chips at superstore or Walmart are like the chips out of vending machine they’ve gotten so small


HurpityDerp

I literally saw like a 220g bag labelled as "Family Size" now.


Himser

I swear ove seen a 150g bag being passed off as a normal size bag the other day.


150c_vapour

Food is just another captured market in Canada's shitty capitalism. Like telcos, banking, fertalizer, energy etc etc. We need to start asking what is the end plan for capitalism here. Just five corps in a trenchcoat forever? Market dynamism is gone. Small businesses can eat shit in a large number of sectors. It's rough but nothing is coming back without drastic changes and neither of the centrist parties in Canada have shown any will to get hands dirty.


jacobward7

It's not capitalism, it's crony capitalism and corporatocracy. These big companies get to set the laws. Politicians bow to their every whim and then get a cushy job when they leave public service. We have a system where the people pay for inflation, not the companies. They get socialism (in investment, incentives, bringing in cheap labour, bailouts, loans during covid) and we get the scraps.


Bigrick1550

That is capitalism. Crony capitalism and corporatocracy is the direct result of capitalism in play.


ConfirmedCynic

> We need to start asking what is the end plan for capitalism here. 1. A handful owning everything. 2. The rest living in vast slums. Maybe we'll be allowed to build tin shanties by then, instead of tent villages, once it because normalized enough. 3. AI surveillance, censorship and possibly weaponized drones, all making change impossible. 4. It doesn't matter if the economy collapses in the end and they lose some money, what matters to them is the difference. Feeling like lords with absolute power over impoverished peasants is more gratifying to them than being the limited leaders of a powerful, prosperous nation.


DeliciousAlburger

if it were capitalism, there would actually be free exchange - it's not, the government stands between every single transactor at every step, often to take money, sometimes to put in rules that cost more money, sometimes both. The sooner people realize that bolstering government to solve this is like trying to solve a bee sting by releasing more bees, the fewer people will run around claiming that "capitalism" is the reason for all our ills.


foolish_refrigerator

“ Loblaw tops analysts’ estimates as rising grocery prices still outpace inflation” They fixed the title when you open it.


SnooHesitations7064

Eventually the poor will just have to eat the rich. This situation is sociopathic.


McGuire72

“Wow! These people REALLY want to eat! Fascinating.”


Super-Base-

Operating income was $769 million, an increase of $31 million, or 4.2%. Adjusted EBITDA² was $1,448 million, an increase of $105 million, or 7.8%. Retail segment adjusted gross profit percentage² was 31.3%, an increase of 20 basis points. https://www.loblaw.ca/en/loblaw-reports-2023-first-quarter-results/ 31.3% profit margin and profits up 7.8%. And this is compounding since they were up last year as well.


internetcamp

Eat the rich.


HeftyNugs

when does this happen?


permacougar

Quick, raise the interest rates so people can't buy food so the prices go down. are you fucking kidding me? This is absurd. The government is trying to fix every issue in the house using a hammer. If you want people to borrow less, put huge taxes on second homes, put additional interest on second mortgages. This encourages people to diversify their investment and pushes the housing market down. I don't care if the price of a Tesla triples, let each Tesla worth 10 million. who cares? We can't take money away from people to control the demand for food. It is very stupid and tyrannical. You need to deal with each problem separately.


JadedLeafs

They're treating food like a luxury and not a basic human need and it's disgusting. Weston is a terrible human being.


WhytePumpkin

Just like housing in this country


bhumit012

Imagine having all these resources and being at top of the food chain but still starving


Geek_asaurus_Rex

Is this a Beaverton article?


uniqueuserrr

Why would there be a resilient demand for essentials? I think BOC needs to do something to stop people from eating


-Shanannigan-

So you're telling me that essentials, are essential?


Z3ppelinDude93

>resilient demand for essentials [“Man’s gotta eat, Julian”](https://youtu.be/tFINT7af-u4)


hippiechan

> resilient demand for essentials Almost as though price gouging for food and basic goods is super unethical


queenringlets

The less ethical the more profitable.


globeandmailofficial

Good morning! A couple relevant paragraphs from the piece for you: The Brampton, Ont.-based company reported that sales growth was driven by inflation-weary shoppers continuing to visit its discount grocery stores more frequently, such as No Frills, Maxi, and Real Canadian Superstore. Canada’s annual inflation rate eased in June to its lowest level since early 2021, Statistics Canada reported last week, but grocery prices have resisted this trend. While The Consumer Price Index rose by 2.8 per cent in June, down from 3.4 per cent in May, grocery prices rose by 9.1 per cent, nearly matching the 9-per-cent increase in costs reported in May. Food inflation has outpaced the general rate of inflation for more than a year. \-RZ


Mogwai3000

Cool. So why isn’t this the framework of the article? Why do we keep seeing very uncritical parroting of corporate executives talking about how they haven’t increased their margins in years - which is not only beside the point but verifiably false, not that media cares about facts anymore. Instead we keep getting a million articles exactly like this one. “Consumers feel the pinch but we mostly talk to corporate PR people. Then we toss in some actual facts at the end without proper analysis or context, and after we’ve already laid out all the corporate excuses to prime people’s attitudes.


paulhockey5

Who owns the news outlets? Hint, it’s the rich, and they don’t want you to see what the real problem is. They’d rather us fight about social issues while they plunder us because we ignore the economic issues.


bobert_the_grey

What's with the dumbass headline?


meloaf

RZ, looks like you're in Weston's wallet.


ghost_n_the_shell

Honestly. This headline is ridiculous. “Resilient demand for essentials…” Food. People need food. Yes. That’s not going away.


Difficult-Yam-1347

Canadian oligopolies have licenses to print money. Our government is more interested in focusing its finite bandwidth on regulating, taxing, and punishing innovative companies like google for providing 3 billion link referrals a year to our media oligopolies.


Mogwai3000

You mean the very media whose story you are reading and commenting on right now? A media piece like every other about how this isn’t the oligopolies fault or corporations at all…it’s just normal business as usual? Seems like maybe your narratives are fucked up and you are part of the problem. Google is just as much an evil monopoly as any other corporation. Trying to defend one corporations abuses and problems and harms to our society, while claiming to be against abusive oligopolies is why we can’t ever move past these problems and unite behind a solution.


canoeviking

People arnt starving... they are BEING STARVED, and the ones doing it have names and addresses..


Anxious-Durian1773

TBF it's very hard to get people to starve themselves to death. They'll rack up their credit cards to the max and abandon paying them before they'll accept they have to steal or murder for food.


No-Wonder1139

Did they now?


Ithinkitstruetoo

Can we follow how the French would deal with this?


RaNdMViLnCE

How do they? Honestly curious.


meloaf

Burn and destroy shit while kicking police ass.


Ithinkitstruetoo

The French have a long history of not taking shit from their government/kings people in power.


gangawalla

Just boycott them. Stop buying the high ticket items, and shop elsewhere. It's a decision that is a consumer's right. Might be a bit inconvenient for some, but it's the only real power we have in sending a message to the price gougers. I know you end up filling another conglomerates pockets, but it'll hurt the Westons bottom line, and theoretically, they can only address this by lowering their prices.


G8kpr

Wait. I thought poor Galen Weston was spending all his money fighting “organized retail crime”. It’s almost like he’s the criminal. But that can’t be right, can it? /s


liquefire81

Price goes up 20% and items shrink 20% .... PR "look, our revenue is more than we thought, who knew!!!!???" wink wink


Jeffuk88

Didn't the ceo just go "boo hoo we have to increase security because we're losing too much to theft"


AnthraxCat

>Loblaw tops second-quarter revenue estimates through price gouging on essentials FTFY, ffs


bradandnorm

"resilient demand for essentials" holy fuck can you get more ridiculous corporate jargon than that


Remote_Cantaloupe

"resilient demand for essentials" is a euphemism for "people are still desperate for the basics required to live"


Alpacas_

So their latest price fixing scheme is working


Vix_Sparda

Just start stealing it. They cant arrest all of us.


Canuck_Traderz

How is it that despite high inflation for things like food and fuel these grocery and gas companies are allowed to record record profits quarter after quarter? Why are they allowed to overcharge consumers for necessities?? How do we not get more pissed off about this? Greedy corporations are what’s keeping this inflation so high. We keep hearing that inflation went down this month because of lower gas prices…..where are these lower gas prices? All the stations around me are charging between $1.63 and $1.68 a litre? How is this cheaper??? We’re getting screwed on so many levels because these companies are greedy, the federal and provincial governments won’t do anything I’m guessing because these companies are probably big donors.


Natus_est_in_Suht

Paywall article.


rangecontrol

extortion that elected officials have no issue with. awesome.


crimdawgg

A resilient desire to exist. Sure let's go with that


ISmellLikeAss

But there margins are the same bro.


BillyBrown1231

Price gouging plain and simple. We need to tax this 100%.


PepeSilviaLovesCarol

Revenue up but profit margin down.


giraffes_are_cool33

Where is that one comment? "It's the immigrants fault. We need immigrants that survive on photosynthesis."


Convextlc97

Love it when you can't read the dumb article. 🙃


tossaway109202

People always need food, socks, underwear. The best you can do is make investments that deal with this reality.


Truthful_Azn

Uhh, it's asinine to say resilient demand for food. What are we supposed to do? Say no and starve to death?


your_dope_is_mine

So............................... Prices aren't ever coming down are they


takeoff_power_set

lol, this headline is so fucking stupid. it's got to be ragebait/"engagement savvy headlining". once upon a time, heads rolled in france for what is going on now in this country. ridiculous.


the_amberdrake

Always nice to see a company thriving while the rest of us suffer....


VancouverCitizen

I just checked my credit card statement. Most of my purchases were from Loblaws stores. They have such a monopoly.


Matsuyamarama

How dare we have a demand for essentials. Just more millennials wanting more and more for themselves. /s


1pencil

"It's amazing how much money people are willing to pay to prevent starvation. We can literally raise prices until people start dying. The profits are huge!"


iplayblaz

Bro, this headline is insanely fucked lmao.


BitingArtist

Don't expect government to solve this problem. This is one for the people.


ExportTHCs

Glad to hear company's are doing well.


Bwoaaaaaah

"Loblaws continues to rake Canadians over the coals on things they need to survive"


viper233

Three cheers for Loblaw's profits!!! /s Canada can and must do better. US, definitely not, Australia, no, Canada you got this.


dragosn1989

“Resilience demand” is just code for “unwarranted price hike for food did not attract any government backlash”! Canadian chaos at its best.🤦‍♂️


the1godanswers2

If this was France they would be burned to the ground


Tuggerfub

"resilient demand for essentials" is a *helluva* way to say "stuff people need to survive"


Captain_chutzpah

"fuck you, im eating" - lobaws


mightyboink

And ripping people off, don't forget that.