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While Groceries have been impacted by inflation, the big chains in the US have also been just raising prices as indicated by their increased profits recently: h
by NegativeLatency 4y ago
While Groceries have been impacted by inflation, the big chains in the US have also been just raising prices as indicated by their increased profits recently: https://www.wcpo.com/money/local-business-news/kroger-profits-soar-despite-rising-expenses-inflation https://www.wcpo.com/money/local-business-news/kroger-profit...
- lotsofpulp 4y agoProfit margin would be the relevant metric, not profit. And as you can see, profit margin has not increased: https://www.macrotrends.net/stocks/charts/KR/kroger/profit-margins https://www.macrotrends.net/stocks/charts/KR/kroger/profit-m... Of course, a business with sub 3% profit margins maintaining sub 3% profit margins is hardly news, but inciting anger for no reason does result in more clicks.