Posted 4/15/2024, 5:46:00 PM
Grocery posters spark skepticism over who's driving price hikes
- Posters breaking down grocery bills are appearing in Canadian supermarkets, making shoppers skeptical of the figures
- The Retail Council of Canada made the posters available, claiming food suppliers are driving price increases, not grocers
- The posters state 74% goes to manufacturers, 10% to running stores, 13% to wages, 3% to profits
- Shoppers are suspicious as chains like Loblaws report high profits while employees strike over wages
- Reddit comments question the figures, noting financial statements show higher grocery chain profits
