The head of one of Canada’s largest grocery chains insists that they are not making large profits on groceries. He says that their record profits are from non-grocery items like clothing etc. So if the stores are not making extra profits from the inflated grocery prices, and we know the farmers are not making extra profits, just who is making all this extra money? Maybe it is the gasoline companies – after all the trucking firms blame higher prices for shipping on fuel charges. Ah well, just very happy I am not on a low fixed income like so many are.
The head of one of Canada’s largest grocery chains insists that they are not making large profits on groceries. He says that their record profits are from non-grocery items like clothing etc. So if the stores are not making extra profits from the inflated grocery prices, and we know the farmers are not making extra profits, just who is making all this extra money? Maybe it is the gasoline companies – after all the trucking firms blame higher prices for shipping on fuel charges. Ah well, just very happy I am not on a low fixed income like so many are.
I hope you all have a fine Monday today.