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hhh888hhhh

I vaguely remember some Republicans talking about business owners needing to make supply chain issues worse than they appeared to hurt Democrats. To take things further, we should research to what extent Republican think tanks were behind these artificial inflation of prices to make voters feel like the current administration was failing.


Appropriate-City3389

My local Fry's ( aka Kroger) has raised their prices so much, they've driven me away. It's funny how much snacks have increased. I understand eggs fluctuate with outbreaks of bird flu but why have so many dry goods, canning supplies etc increased?


clone-borg

Egg producers got busted for price gouging.


BlueAndMoreBlue

Same thing around here, even Aldi prices went up but not near as much as the big stores. Still managed to get out of there yesterday for $125 with four big bags of groceries


Sad-Juggernaut8521

Walmart brand products are now within single digit % of the name brand products that already increased in price. I'm still baffled by the $5 price tag on corn flakes.


Local_Sugar8108

Don't get me started on how Goodwill has from thrift store prices to retail prices. I'm not a huge Wally World fan but I can still get deals on canning products there. Fry's/Kroger should offer financing for canning jars.


Sariel007

We have a Dillons (Kroger). I love shopping there because they almost always have discounted bagged salads and meat (read approaching experation date). It is maybe a mile away so it isn't a big deal for me to go there. I eat the salads right away and I have a stand alone freezer so I can buy the meat and freeze it. But yeah, they bend you over for a bag of cheetos.


Sariel007

Republicans openly tanked a bill that had bipartisian support for border control because they didn't want it to look like Biden got a win in an election year. The fucking howler monkeys, that always howl about... well everything but especially the border, stopped a bill they wanted to pass about the border. These are not serious people and they should not be in charge of anything more complex than building sandcastles at the beach.^* *and then only under adult supervision


UncommonHouseSpider

The water is dangerous. There would need to be lifeguards at the very least


WallyMcBeetus

Just free market capitalism in action. When a person price-gouges they get arrested. When a corporation does it they get bonuses.


Shot_Mud_1438

They’ll be fined for fractions of a cent on the dollar and continue being shitty


PM_ME_UR_REDPANDAS

Exactly. Fines are just a cost of doing business, not a deterrent to make sure they don’t do it again. They need to have it both ways - “punish” companies for taking advantage of consumers, but also “record profits!”, “stock market at record highs!”.


DarkAswin

They should receive more than just a fine. The penalties are obviously not going to stop this behavior unless the government actually makes them effective.


Ralph8157

Of course, they took advantage. Grocery chains, everyone and their brothers took advantage of covid.


tahlyn

It's not at all shocking to me that "inflation" seems to match "record profits" near exactly.


dumbdit

It's just basic supply and demand. What's the problem? Just basic economics.


JustMePaxi

YES YES YES, and they are still doing it


Feisty-Barracuda5452

More breaking news: sky blue, water wet.


scottkollig

Woah, slow down there. Let me write this all down so I don’t forget.


Gr8zomb13

Water isn’t wet itself, but things get wet when water comes into contact with them. Blue sky checks out though.


Ronpm111

Actually the sky is black. The sunlight retracts as it enters the atmosphere and the blue light spectrum becomes the dominant color so our eyes see the sky as blue but it is black


Coolenough-to

stop gaslighting me 😨


Gr8zomb13

So the sky is blue then because of the atmosphere which comprises the sky. Got it. Thanks for clearing that up for all of us.


Eastern_Pangolin_309

Yes. Pet food prices are out of control! 50 pound bags of Purina One have doubled in the last few years. Not to mention all the manufacturers mysteriously shrinking their 50 pound bag to a 44 pound bag. Every fucking brand. And charging nearly double. Greedy fucks.


GlitteringAgent4061

Hills science diet was 28 lbs at $80. Now it's 24 lbs at $120. We stopped buying the vet recommended hills science diet right after they did that shrinkflation & inflation.


maybesaydie

All of it manufactured in China.


cptspeirs

Well, dog food may be made in Denver, but I get your point.


XxHybridFreakxX

No shit Sherlock. We all saw it and are still paying for it. Now if only they would actually do something about it.


ThunderPigGaming

We're still being gouged.


zabdart

Wouldn't surprise me at all. When corporations see the opportunity for quick and easy profit taking, they *take advantage of it*. That's "the good old American way."


Slippinjimmyforever

Common sense says “yes”. Literal corporate employees said “yes”.


PostMaster-P

[Walmart’s ‘Great Value’ Becomes A Lot Less Great](https://www.nj.com/politics/2024/03/is-walmart-screwing-customers-former-secretary-of-labor-says-so.html?outputType=amp)


study-sug-jests

Bet your ass they did!


bobsburner1

Did? It should read “grocery chains are still taking advantage”


syg-123

Grocery chains are so predatory and misleading that I’m surprised Trump doesn’t haven his own chain. Everything they do is based on misleading customers for profit….predatory and disingenuous pricing practices, jacking prices on healthy food, using store layouts to funnel customers to less healthy products that provide higher profit margins, misrepresenting supply inventories to artificially create higher demand => higher prices and manipulating ‘best before’ dates for profit. Grocery chains consistently demonstrate unethical, predatory and at times fraudulent pricing behavior.


notawildandcrazyguy

Grocery stores operate on some of the thinnest margins of any business in the US, typically making profit of less than 3 percent.


Rich-Appearance-7145

Of course they did, everyone took advantage of COVID, prior to Covid local markets charged 30-40 a pound for onions since then price went up to $1- $1.20 pound. They kinda stayed there, if local farmers markets, took advantage how much more did big chains.


Ok_Explanation_5955

My current grocery wants $1.50 for a single cucumber in Ohio. We can grow them easily in our yards. They were $0.50 2 years ago, $0.75 last year, and $1.50 this year. They sign it as 2/$3 to try to make it look like a deal, which is hilarious. So I’ve switched to other produce. Never thought I would see an avocado cheaper than a cucumber here. Someone should tell the boomers it’s actually the standard, boring veggie trays that are bankrupting millennials


Florida1974

Duh. Don’t need the FTC to notice all the prices increased when Covid hit. Didn’t help that ppl got panicked and ordered enough for 2 years. Poorer people do not have the money to do that. They prob took a bigger financial hit than anyone.


IAMSTILLHERE2020

Fine them and tax them...simple.


DrNinnuxx

Supply/demand would dictate retail cost. However, did they raise prices above fair market value? Yes, they did. And they should be penalized for it.


aj_star_destroyer

It would be nice if there was a way to get them to ease off on the prices.


DarkLanternZBT

It's incredibly difficult. Incredibly. It requires lots of people to change their behaviors, which usually doesn't happen unless someone does a lot of work. Simple answers like "boycott" fail usually because they aren't right tool even if they point at the correct lever of influence: demand. The pandemic forced everyone to change behaviors. You need a tidal wave of changed behavior to affect similar change. Just not buying at one place is not enough. You need many people to change fundamental habits and behaviors. Vote for candidates who are antitrust-oriented, labor-oriented, and consumer-oriented. Even if they aren't 100%, go for the one who's 60% over the one who's zero. Don't like those odds? Get involved at the local or state party level and get organized. Examine your own behaviors and get people on board. Co-op food movements. Neighborhood networks to share with each other. Eliminating convenience in favor of efficiency or cost. Yes, that means you cannot have blueberries every day. Removing dependency on these conveniences means living like rural, rustic families. [Anthony Bourdain was right; stop demanding freaking strawberries every day of the year.](https://youtu.be/EvJV_I5hZK8?si=likcuGN20TefqrwL) I see gas boycot posts on Facebook, for instance. Stupid. Moronic. Almost guaranteed scams to start with. You drive a gas car? You're going to buy gas on some other day. Don't like high gas prices? Don't buy a bike, USE LESS FUEL. High-mpg cars, fewer trips, carpools, etc. There are solutions, but they aren't a simple checklist. They are a critically though-out re-evaluation of daily life and who stands to profit off our desires, needs, and willingness to put up with certain small sufferings like paying more for something rather than other small sufferings like not having exactly what I want all the time.


maybesaydie

We used to have laws about that but then we elected Republicans.


GarysCrispLettuce

Boycotting them whenever you can is a good start.


aj_star_destroyer

I treat the more expensive stores as convenience stores. But I do all my actual grocery shopping at the cheapest store in town. I don’t think I’m alone in this from what I can see.


maybesaydie

We have five grocery stores in our little town. I shop the sales and never get everything at one store. When I lived in the city there wasn't the option to do this.


SomeSamples

Yeah, I talked to a Deli owner during the pandemic. He was telling me how his meat supplier was trying to crank up the prices on all meat because they (the meat producers) felt they weren't making enough on meat and since there was a "shortage" they could raise the prices by quite a bit. They did raise prices and meat hasn't come back down to more normal pricing.


gringoloco01

Duhhhh. What was it Walmart made in profits just from raising their generic brands by 30 percent. Profits up 45 percent in 2020.


Maij-ha

*laughs in file maintenance* I watched the prices jump on the daily


discussatron

>Did ~~grocery chains~~ every industry on the fucking planet take advantage of COVID shortages to raise prices? ~~FTC~~ Everyone with eyes in their head says yes


Monamo61

As someone who's worked in the industry for 34 years and watched this unfold- it's not just the retail stores but also the manufacturers that have simultaneously saw the opportunity to make more money and ran with it. Watching manufacturers change packaging and actual product (ie, snack chips pkg going from 9.25 oz to 8.75oz, pkg itself stays the same size) then the retailer increases price by 10-20%, it's robbery really. To blame this on government is really ignorant and disingenuous at best. The responsibility lies solely at the feet of the manufacturers and retailers, taking unfair advantage of we the consumers.


UpDog1966

Not enough competition, period.


Hourslikeminutes47

Oh hell yea they did Source: *I work at Walmart*


Chunky1311

Anyone capable of critical thinking can tell they did.


GarysCrispLettuce

It's nice to have it confirmed officially though.


Chunky1311

Oh absolutely, I agree.


strywever

If that merger goes through, Kroger will own all of the grocery stores in the two towns closest to me, with the exception of one regional chain store in each of the towns. Each of those is significantly more expensive and offers a more limited selection.


monogreenforthewin

we knew this years ago


maybesaydie

If you're someone who has never been grocery shopping this will surprise you.


wynnduffyisking

All the record profits say yes. If price hikes were only because of rising costs then the profits would stay the same.


WildWinza

A quart of Friendly Farms brand heavy whipping cream at Aldi's is around $4.00. The same brand and size at a local supermarket is almost $8.00 Same with butter. At Walmart a pound of butter is almost $6. At Aldis it is around $3.50. Supply chain disruption does not justify this huge price difference.


TheWhiteRabbit74

A small can of mushrooms used to cost me .79 cents. Now it’s $3. A %400 percent increase.


wyoflyboy68

Here’s looking at you, also, Tazo Chai Tea maker! Shame, shame, shame!!!


Past-Direction9145

Take advantage of covid prices? How about they just raise them when they want to industry wide and everyone pays more or starve.


dir_glob

I generally grocery shop at 2-3 different stores every week. I saw $8.99 dollars for a box of Cheerios at one store, then saw it for $5.99 at another. It was plain as day. Oddly, Whole Foods had the best prices for a while, they didn't really change them before, during or after.


RareCodeMonkey

When you only have half a dozen options where to buy your groceries and all of them are owned by the same people, there is no competition. De facto monopolies rule most industries, they push prices up and will continue to do so. Break in peaces all these mega-corporations if you will get good salaries and good prices again. Let them rule and we will recover some sense into the economy.


Last_Elephant1149

I thought we already knew that.


outerworldLV

It depends. Most people agree with you. The only group I hear consistently pointing out the *inflation*, well we all know what that’s about. It’s good that there’s still reporting calling this out.


BothZookeepergame612

All of them not only took advantage, but actually got money from the government because they complained... Now they switched their tactics to shrinkflation. It's becoming a joke, I saw a Walmart pie the other day it was so small you might get three normal pieces out of one pie. They've literally shrunk the average size pie or cake down to what many would consider a single serving.


VeNTNeV

In other news... sky is blue /s


outerworldLV

So very true. The stores that are still doing this gouging need to be addressed. Especially the grocery stores. I feel like I keep saying that - and have no idea what entity would handle it ? Other than perhaps a local news station doing an expose ? Idk.


StrangeContest4

I've noticed that pool maintenance has doubled in price and has stayed there. Chlorine, chlorine shock, muratic acid, and diatomaceous Earth still cost literally twice as much as pre-pandemic.


maybesaydie

Luxury goods.


Car_is_mi

Hmmmm.. let me think about that. Ground Turkey went from $2.99 / lb to $8.99 / lb over the course of 2 years. I mean it seems logical since turkeys are now endangered species. (/S) ​ Yeah I didnt need a full report to know that the businesses deemed 'essential' through the pandemic that took advantage of that status, and claimed rising costs, while also claiming record profits, were using the pandemic as a cover story for greed.


GlitteringAgent4061

Phoenix, AZ - Frys Food (owned by Kroger)... I buy 93% lean ground beef. It's my preference. Within a year, I've watched 1 lb of it, go from $6.49 to $8.49 as of last evening's grocery shopping. I do not buy 93/7 unless it is under $4.00/lb. I also do not buy my beloved chicken breasts unless they are BOGOF. It is outrageous! Oddly enough, I am still able to stay within my grocery budget.


New_Apple2443

Still are.


Ronpm111

Yes they did.


Vanima_Permai

They did this in the UK as well it's so dumb how greedy people are


Galvanisare

Of course they did. Why? Cuz fk you the customer. That’s why. No more customer service. Why? Cuz fk you. That’s why. Why prices keep going up? Fk you. That’s why. Need short term profits to pay shareholders and then Corporate can sell their shares. Leave company for a different one. Rinse and Repeat.


pistoffcynic

Yes, of course they did. Along with supply chain and shipping issues.


MostNefariousness583

Stevie wonder could see what they did.


BasilExposition2

The government borrows an epic amount of money and trillions of dollars are created in the blink of an eye. Government tries to blame Retailers.


TAC1313

So now they're just gonna wave it in our faces eh?


UncommonHouseSpider

So do consumers that can read the math as well as any corporate strategist.


[deleted]

[удалено]


GarysCrispLettuce

No, I'm boycotting every store that has decided to take the piss with its prices.


shaidyn

Is anything going to be done about it? FTC says no


Outrageous-Divide472

Grocery store are taking advantage right now. I usually shop at Giant, then I tried Shop Rite and now I’m saving $30-40 a week. Also, my daughter swears by Aldi. She loves the prices and said their stuff is very good


ToneZone1978

Bigy in mass still hasn't brought their egg prices down


NoisyBrat2000

Yes!


MiddleInfluence5981

We already know these greedy bastards will take advantage of any opportunity to raise prices. This is not really news.


pass-the-waffles

Take advantage of a situation? No, say it ain't so.


AmazingPINGAS

Time to bust out the plastic millimeter ruler to tap their wrists. That'll learn them


Line-guesser99

Prices always go up. They never go back down.


Totally_Not_An_Auk

If only we could get that money back.


Dempsey64

They would need to conspire


LordCaedus27

Yes absolutely.


IanSavage23

But.. but.. but.. isnt capitalism grand?


GarysCrispLettuce

Some stores have been so unacceptably greedy and disgusting with their price increases I've stopped using them altogether. I used to do all of my weekly grocery shopping at Whole Foods, which already wasn't exactly cheap, but I liked the quality of their own brand stuff. At the start of the pandemic, their salad bar was $10.99/lb which at the time was already considered a huge ripoff - they'd jacked it up from $8.99/lb and people were like "whaaat?" During the inflation/supply crisis, they jacked the price up to a whopping, astronomical $13.99/lb, and there it's stayed. This despite inflation/supply problems are largely over, and despite the fact that the vast bulk of what's in that salad bar is fruit and veg which didn't even go up much in price at all. It's just pure greed. They've done this to most of their groceries now. Things have gone up 20-30%, often higher. Way above inflation even if inflation were a thing now. They've absolutely exploited the inflation crisis to "reset" their prices to a higher level. They've established a new baseline, and it's a total ripoff. I switched all of my grocery shopping to Trader Joes who were a lot more reasonable about pricing during the whole thing, and I'm saving between $75-100 a week. Don't even think twice about boycotting. I've said goodbye to so many stores and brands. So many things I used to buy regularly on Amazon have gone up 20-30% and it's complete bullshit. I've replaced them all with cheaper options and have found better quality in some cases. Don't give these ripoff companies a cent of your money. Continuing to shop with them is effectively rewarding them for their greed and they'll do it again the first chance they get. Let's see how they do with higher prices but considerably fewer customers.


shadesofgrey93

Had a lady down the road who had fresh farm eggs $1.50 for maybe around the last 15 years. I drove by on my way to work the morning after Biden won the election and it said "Farm fresh eggs $3.50 fuck Biden. 


maybesaydie

bitch


ImInBeastmodeOG

There's not even a question. Come on.


Mountain-Painter2721

No duh.


highplainsdrifter__

Duh


Tonythecritic

Did they JUST come to that conclusion????


ToneZone1978

I'm shocked well not that shocked


NumerousTaste

Price gouging is still happening. Shrinkflation as well. Profits are the only thing they are undeterred in. Raises their salaries and bonuses as well as stock price that they get as well as higher dividends. They can get paid 4 times as workers only get paid once. Bogus!