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Inflation doesn't make more profit (unless a greedy retailer hikes prices beyond inflation because they think they can hide it in the general inflation).
by MattPalmer1086 1y ago
Inflation doesn't make more profit (unless a greedy retailer hikes prices beyond inflation because they think they can hide it in the general inflation).
- sjsdaiuasgdia 1y agoYeah, about that... https://www.fmi.org/our-research/food-industry-facts/grocery-store-chains-net-profit https://www.fmi.org/our-research/food-industry-facts/grocery... Interesting how grocery profits went higher than the prior 30 year trend when covid supply chain impacts happened, and have continued to stay on a higher trend in the high inflation years following covid. Yes, the retailers are greedy and increasing prices beyond inflation, and they're quite successful at it.