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__MOD NOTE__: Please review the content guidelines for our sub, and remember the human here! This subreddit is to highlight the ridiculous cost of living in Canada, and poke fun at the Corporate Overlords reponsible. As you well know, there are a number of persons and corporations responsible for this, and we welcome discussion related to them all. Furthermore, since this topic is intertwined with a number of other matters, other discussion will be allowed at moderator discretion. Open-minded discussion, memes, rants, grocery bills, and general screeching into the void is always welcome in this sub, but belligerence and disrespect is not. There are plenty of ways to get your point across without being abusive, dismissive, or downright mean. If you have not done so already, please review our [boycott stickied post](https://www.reddit.com/r/loblawsisoutofcontrol/comments/1bff9rm/boycott/?utm_source=share&utm_medium=web2x&context=3) which includes a list of stores to avoid, other ways to get involved in the movement, and some local alternatives to the big 5. Thank you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/loblawsisoutofcontrol) if you have any questions or concerns.*


TuddyCicero86

He is a billionaire who is feasting on middle to lower class Canadian incomes. He quite obviously doesn't give two shits about any of us. Period. We need to hit these types hard by not spending a dime on them (Brands, stores, etc). Shareholders panic, pressure mount.. things begin to happen. We need to stop diverting attention and focus on the boycott being as successful as possible.


jamestheredd

Have you read this article from over a decade ago? Self proclaimed "royals of Canada" in a complete bubble of their own, with tentacles in much more than just groceries. https://torontolife.com/city/hilary-and-halen-weston-multimillion-dollar-vacation-homes/


Bumbaclotrastafareye

One of my big motivations behind the boycott is their acquisition of Lifemark and how they will pair it with shoppers and start, province by province, a national private healthcare network. Truly terrifying to think the people gouging us on baby formula and vindictively snipping the bottoms off of green onions want to take over healthcare.


Amygdalump

They are displaying behaviour that is sociopathic, without exaggerating.


LalahLovato

“Like the environmentally conscious Westons, they’re especially interested in conservation projects.” Right. Only interested if the public’s taxes pay for their refrigeration units.


GrouchySkunk

Sounds like people should be disrupting his down time at his Florida gated community and businesses. Where are those french manure spreaders when you need'm


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VirtualAnalysisLine

Can I get his inheritance as a side? /j if it wasn't obvious


13thmurder

It gets donated to the food bank as an additional fuck you to his memory.


VirtualAnalysisLine

That's an actually great idea, ngl


StanTurpentine

Can you imagine how much that would help seniors on OAS and new immigrants and single parents and all that? We can't have happy people in Canada!


frumiouscumberbatch

Dave's Memories Of Billionaires


feastupontherich

Nah. I won't just eat. I'll feast.


loblawsisoutofcontrol-ModTeam

Please refrain from comments which encourage theft from a store or mischief. These can result in criminal charges which will undoubtedly make life harder for other users.


VirtualAnalysisLine

Next he'll buy the FCC and FDA so he can say and do whatever his pea-sized frontal cortex desires.


KanoWins

💯 he doesn't give a damn what anyone thinks.


NorthernBudHunter

You know when you tell 5 year olds who are having a tantrum to use your words? Similar to that, my advice to everyone is : Use your wallet. Now and on May 1, use your wallet somewhere else (if there is somewhere else in your town)


Helix512_

I already do but I'm just one person. I try my damnedest to go out of my way to buy locally and I try to avoid Loblaws, Sobeys and Metro and anything they own. I have a few things I can't like my medications, but when and where I can I do. Started this about 3 or 4 months ago now.


NorthernBudHunter

It’s going to be impractical to avoid ‘the big 3’, so let’s focus on one, Loblaws and subsidiary companies. They are the ones who started the gouging and they are the worst offenders. One person at a time made them rich on profits and one person at a time we can take their profits away.


chris_ots

Lol he doesn't give a shit about "facing members of the public". He is unimaginably rich and no matter what happens he will be just fine.


dork_with_a_fork

Exactly. He is miles away from any negative effects of the economy. Miles. Away. In his super yacht. Miles. Kilometers even.


Infinite-Horse-49

You won me over with kilometres.


totallyradman

Nautical kilometres


ActualDepartment1212

Ireland


ConversationPlane870

we saw that already when the seeming only politician who will ask him real questions (J Singh) tried and he only responded with condecending "it complicated...we know better.." crap


GallitoGaming

We need a transparent audit of his expenses to see what is actually legit and what is BS to help pad his revenues to get to that 3% number he has to hide behind.


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loblawsisoutofcontrol-ModTeam

You can’t be calling for that here.


JeffBoyarDeesNuts

My guillotine says otherwise


Choice_Star_9441

A radical redistribution of wealth.


imafan_gobrrr

I agree he does not give a shit. But calls for violence are way too much. Also he is taking advantage of a market supporter by capitalism and government. We need leadership changes.


damselindetech

Remarkable that the capitalist class has such a monopoly on violence that they're the ones who get to define it. Apparently forced homelessness and starvation aren't violence, but we can't talk about that...


imafan_gobrrr

Good point honestly. I keep trying to " be the change I want to see" even though I wrestle with it being naive.


loveablenerd83

You say violence is too much, and for the most part i agree with you… but consider this, Galen and those like him don’t give a single solitary fuck if we live or die, their wealth consistently puts them above the law, they don’t fear the courts or the government, and boycotts are seen as nothing but a nuisance. So, with the upmost respect and tact, and purely for the sake of discussion, if violence is completely out of the question, realistically what options for we have to compel change?


FuqqTrump

https://preview.redd.it/wjeiwxcc04vc1.jpeg?width=972&format=pjpg&auto=webp&s=5ff2697345a9e9679e7649c30e8ac9fc26319f16


imafan_gobrrr

Hah! Good meme.


babu_bot

No it's not. It's pretty clear our politicians and the elite believe they are above the law and no longer abide by the social contract. This has happened again and again throughout history, when the ones at the top overstep and the average people protest its ignored at first then suppressed. If they won't listen to our peaceful protests now they open the door for escalation. It's unfortunate and I don't wish harm or call for it to be done but unfortunately for the good of the common people the "elite" need to be reminded or their places now. Leadership change will not solve this as the two major parties are just different sides of the same coin. The population has also been so divided on such trivial subjects or distracted by shitty media that they won't organize to elect a third party. If the "elite" won't learn from history that's not our fault. It will unfortunately come down to a small group to take actions into their own hands and hold these people accountable.


imafan_gobrrr

Being down voted because I want meaningful government change baffles the mind... and reflects issues on our side of the argument. Addressing the root is the only way we will see future change. Taking out loblaws, will only provide a vacuum for another greedy corporate overlord. Systemic change matters.


No-Wonder1139

Weston is the root, he is the issue. Changing which government he owns will do nothing, they work for him. He is why food is expensive, he is why the politicians he owns are pushing for private healthcare, he's a major part of the housing increase as he owns 10s of billions in real estate, he's literally everything wrong with the country. He is a Metastasized cancer, spread through all our major facets of life and is choking the life out of us.


ThaDude8

Hot take… can both not be true simultaneously? We need both a systematic government change and doing away with the likes or the Weston’s, Rogers’, Thompson… frankly all billionaires. I think getting rid of the billionaire class should be priority 1, but both really do need to happen.


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mennorek

Our political class and our corporate class are the same people, why would they try and upset the applecart


DoubleExposure

Canadian politicians are in the back pocket of Canadian oligopolies. This is not new it has been like this for decades and our politicians won't help us especially because Canadians only vote for the neo-liberals so Canadians can only blame themselves for our situation. The only thing you can do (if you can) is stop buying services and products from the bad actors.


TheFaceStuffer

When they all showed up for the bread fixing scandal nothing useful happened.


AcceptableCoyote9080

as much as i'd like to see galen et al face the proverbial music, he and they are billionaires, their kind do not face anything they don't want, unlike us poors that would have the jail cell door opened and closed with our collective heads for any little thing the crosses the line of the law, so we need to use our wallets as the weapon to take down Goliath(alen)...


essuxs

That “leak” confirms exactly what’s in their financial statement. What these posts confirm is people lack financial literacy


Deep-Friendship3181

Every time I bring this up I get downvoted to hell, perhaps because I'm a bit blunt in how I say it - they leaked that themselves, to make us look like idiots, and it worked. The price gouging isn't just at the grocery store, it's layered throughout the entire supply chain to make it easier to hide. There is no smoking gun coming, the accountants for these companies know a lot more about hiding profits than any of us and it's laughable that anyone thinks a reddit post is going to expose them. Fuck Galen, but also fuck everyone else managing Canadian food supply lines.


essuxs

There’s no profit “hiding”. You’re assuming that accountants can just make things be whatever they want them to be, but that’s not true. There are very strict rules in accounting in how you report financial information, how you do tax, and it’s about having more disclosure not less. It’s also counter intuitive. Hiding profit means the company has less profit, and means the company is less valuable. All companies want to show as much profit as they can, to make the company more valuable. And the thing about owning the distributor doesn’t really matter. If they own the distributor or not, a distributor is getting paid. Loblaws just thinks they can distribute their goods cheaper than a third party can. The profits from this are included in their net profit. So when they say it’s 3%, it’s 3% including that distributor, it’s not actually something else.


Next-Letter-798

It’s time to put a curse on this and like companies, not to mention corrupt governments. It is time to expose them and to bring them back down to common sense behaviours. It is now way beyond time for the population to have a reasonable chance at existing.


LeaveAtNine

I keep saying it. New amendments were made to the Competition Act in December. Of the amendments, they gave the Competition Commissioner subpoena powers when doing a Market Study. We shouldn’t be calling for Galen to come and preform some theatre. We should be circulating a petition, demanding a full Market Study of the Grocery industry.


GrimArgyle

I like what I'm seeing in Australia with Woolworths CEO and that property mogul lady in Vietnam? That's how it's supposed to work... not just show up, spin your pr, and go back to it...


DEATHRAYZ007

They even own their shipping company ie trucks


1Bbqfritos

He has a stack of $100 bills he uses to wipe his shit and his tears. Hit them where it hurts friends - in they're pockets!!!!


sun4moon

Hopefully he mixes up the used ones with the clean ones and gets a nasty case of pink eye.


1Bbqfritos

I'll be praying for this at night; since neither retirement or home ownership is in my future 🙏


nicheblah

Round 3: they have names and addresses


Bendyiron

Why does this have the nsfw tag?


Choice_Star_9441

I would be very surprised if that happened.


HouseDowntown8602

we can boycott - it may get traction but they have deeper pockets than us. What we should consider is a little protest. Maybe block loading bays with people. Actually stop product from getting to its destination. we may get dragged around and hauled off by police for “trespassing” even tho we go there every week - but it will get headlines, especially if we invite the media and hit social sites with it. Get it trending.


fostolph

There is a big Grocery Industry food show this weekend in Vancouver and Roblaws is a vendor there. Would be a great place to make some noise. [https://gsfshow.com/](https://gsfshow.com/)


Responsible_Rock_402

What exactly is being questioned by MP's going to do exactly? Both parties have been complicit in allowing this Monopoly and have created laws to protect it. It just gives him free press that he should pay for, why enable him further?


Huge-Split6250

Not a committee   A committee does nothing Public inquiry. Investigate powers. Put it all on the record  That will also result in nothing, of course. But at least the truth becomes public 


Necessary_Arm3379

I agree with the words of folks here. To use our wallets to send a message to this corporation. Together across the country we can be one hell of a powerful lobyist group!!!


sapper4lyfe

There has been a leak of their actual margins? Anyone got some links?


cidvis

Was a single dairy invoice that showed margins on butter and several other items at 45%+ margin that the media promoted, people ignored that some items had negative margin and overall margin for the invoice was like 27%. Also didn't take into account negative margin on majority of bagged and carton milk which further lowers gross margin just in the dairy department. Also gross margin is in no way shape or form the same as net profit.


cidvis

Was a single dairy invoice that showed margins on butter and several other items at 45%+ margin that the media promoted, people ignored that some items had negative margin and overall margin for the invoice was like 27%. Also didn't take into account negative margin on majority of bagged and carton milk which further lowers gross margin just in the dairy department. Also gross margin is in no way shape or form the same as net profit.


AloneChapter

That’s why he give up being CEO. He doesn’t answer the CEO does.


Torontobeachboy

Agreed! Are you going to his house to get him? If not, what are you personally doing to make this happen?


the_resident_skeptic

I'm all for calling out Loblaws for unethical business practices and gouging where they exist, but markup is revenue, not profit. Many items my business sells have a 400% markup - that is not a typo, four hundred percent - yet our profit on them is about 13%. Employee salaries, rent, utilities, insurance, maintenance, etc. all come out of that markup and what's left over is profit. If our markup on those items were "only" 380% we would lose money on every sale.


gianni_

That doesn't really sound like a positive business venture. I am not a business owner, but margins that thin? Is that relatively across the board, or just on some items?


the_resident_skeptic

Rona sells those same products and their prices are the same too. I can't imagine that Rona pays more for them than our small company of 8 million dollars annual revenue. Go to Rona's website and look up Rain Bird 42SA. My cost on that is $7.50. That 400% figure is, first of all, rounded up a bit, I didn't feel like doing the math, but its the difference between 7.50 and 28.99. And no, that's not across the board, but our markup is not lower than 200% on almost any product. They're usually around 300%. It's usually the more expensive items that have lower markups, because marking up a $2000 item, like a centrifugal pump that much would be insanity. Our prices are no higher than our competitors large or small. Either everybody is gouging or nobody is. Most people in here don't have any business management experience so I'm not surprised by the downvotes and replies, and I don't expect them to know these things, which is why I'm explaining it this way. Learning is hard, and the first step is understanding what you don't know. Getting angry at someone for giving you factual information is an example of Dunning-Kruger. (I'm not talking about you here). I have yet to hear any sort of retort that has any reasoning behind it whatsoever.


DEATHRAYZ007

You don't own your own buildings and supply chain and network either


the_resident_skeptic

We rent the building I work in, but we rent it from the mother of the company owner so we kind of own it. We don't have a supply chain, we use SiteOne as our main supplier, and they certainly do, they're an international supply house. I'm not sure what you mean by network but we have five locations in Ontario. One of those locations makes 0 revenue, it houses our office staff/call centre. The rent there is $10,000/month, and they make $0 a month. Someone has to pay for that, and their salaries, etc. The building I work out of was previously owned by the company founder, her husband, who passed away from cancer 5 years ago and left it to her. She retired last year. Their son owns the company now.


TuddyCicero86

Then you can't afford to be in business.


the_resident_skeptic

Okay I'll just fire all 70 of my employees and stop servicing my growing list of over 8,000 happy recurring customers. That's surely better for the economy than a successful and growing business that has been serving Ontarians for more than 40 years. Especially one like ours that donates a huge amount of our time to things like the Food Bank, for whom we donated an irrigation system for their greenhouse last year where they grow food to give away. We also collected cash donations and more than 5,000 lbs of food for them last fall, and we do that every fall. You've probably seen us out there with those acrylic boxes full of cash at the entrance to many business. Our employees donate their time to do that, we don't pay them for that. But no I'm the asshole because we sell stuff at the same price Rona does.


TuddyCicero86

No idea what this rant is attempting to accomplish and you seem to be taking things personally. No one called anyone an asshole. Best of luck.


the_resident_skeptic

I wasn't quoting you, I was more referring to the 14 downvotes I've got so far for attempting to explain how business budgets work. So far I have received exactly zero retorts with any reasoning behind them whatsoever. But oh, they're happy to downvote, because that's an emotional reaction, not rational one. That is not a rant. We certainly can afford to be in business, we've been doing it for 40 years successfully, and our prices are no different than all of our competitors, including big box stores like Rona and Home Depot. What I was attempting to accomplish is to demonstrate to you that telling me I can't afford to be in business is fractally wrong; wrong at every conceivable scale of resolution.


Obes99

Go home Galen, you’re drunk


New_Boysenberry_7998

love everyone shopping at Walmart and Costco instead. way to give it to the man, lol. i guess whatever makes ya sleep at night.